Property summary
This exceptional 9,213 square foot industrial property, situated on a 0.27-acre lot in downtown Armada, Michigan, presents a unique investment opportunity. The property currently houses a thriving, operating auto business, complete with included equipment (a detailed inventory is available upon request). Its prime downtown location offers excellent street frontage, ensuring high visibility and accessibility for customers. The building itself has undergone significant updates, boasting substantial electrical power capacity, making it well-suited for a variety of industrial uses. The robust power infrastructure is a significant advantage for businesses with high energy demands. The sale includes both the real estate and the existing operational auto business, offering a turnkey solution for a prospective buyer. This is a rare chance to acquire an established, profitable business with a well-maintained building in a desirable location. The combination of a strong existing business, updated facilities, and excellent visibility makes this property an attractive investment with significant potential for growth and return. Serious inquiries are encouraged to explore this opportunity further. Contact us today to schedule a showing and obtain the detailed equipment list. The asking price for this turnkey operation is $850,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
COMM VACANT · Armada, MIZoning
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Zoning designation
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