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    Property profile & analytics
    FOR SALE
    Commercial real estate

    640 Fawn River Rd, Sturgis, MI 49091

    2.38 ac lot
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US43-2141827
    Property summary
    AI-generated overview

    This exceptional 5,500 square foot industrial property located at 640 Fawn River, Sturgis, MI, presents a remarkable investment opportunity. Currently operating as a thriving and turnkey auto repair and towing business, this property boasts a wealth of features ideal for continued success in this industry or adaptation to other industrial uses. The 1.39-acre lot includes a substantial fenced-in rear area, providing ample space for operations and storage. The main building features eight bays, four offices, and a loft for additional storage. Eight overhead doors, two with automatic openers, ensure efficient workflow. The property also includes a 30 x 40 foot two-bay outbuilding, six hoists, three forklifts, a ten-ton equipment trailer, and a semi-tractor. Seven tow trucks are included in the sale (two heavy-duty, one medium-duty, two flatbeds, one light-duty, and a motorcycle trailer), along with an established police rotation for towing services in two counties. Used car inventory is negotiable. The industrial zoning allows for a variety of potential uses beyond the existing business. The seller is motivated and ready to retire, making this a unique chance to acquire a well-established business and property with significant upside. This is a rare opportunity to own a substantial industrial property with existing infrastructure and proven profitability.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 2.38 ac (103,673 SF)
    APN 052-777-260-10
    UPID US43-2141827
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Intoxalock Ignition Interlock Building Supply General Contractor
    • Chuck’s Auto Service Auto Repair Shop
    • Walmart in Elkhart Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Chuck S Auto Services LLC · 6 yrs held
    Chuck S Auto Services LLC
    since 2019
    2 recorded transactions
    2019
    $90,000
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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