5350 Alpine NW Ave Comstock Park, MI 49321-9708
This exceptional 16,800-square-foot retail property, located at 5350 Alpine Ave NW in Comstock Park, Michigan, presents a unique investment opportunity. Situated on a substantial 3-acre lot, this established auto repair facility, formerly known as Grand Valley Corvette, is being offered for sale at $900,000. The sale includes the existing inventory of cars and auto parts, along with all necessary licenses for continued operation. Built in 1971, the property boasts a fully functional automotive spray booth that meets current codes and a wealth of dealership equipment. High traffic counts on Alpine Avenue, averaging 13,377 cars per day, ensure excellent visibility and potential for a thriving business. The property's large lot size offers ample space for expansion or future development. This turnkey operation provides immediate income potential and significant upside for a savvy investor. The sale includes both the dealer and salvage licenses, making for a seamless transition. The included cars and parts are located within the buildings. This is a rare opportunity to acquire a well-established business with significant assets in a prime location. Don't miss this chance to own a piece of Comstock Park's commercial landscape.
-
Grand Valley Corvette Shop Inc Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Comstock Park, MIComstock Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.