816 Frd Ave Wyandotte, MI 48192-3803
This exceptional 2,904 square foot industrial building presents a fantastic opportunity for entrepreneurs in the thriving city of Wyandotte, Michigan. Currently configured as a well-established auto repair shop, this property boasts a dedicated office space, perfect for administrative tasks and client interaction. The existing bathroom has been recently remodeled, offering a modern and functional space. The building is equipped with a substantial 12,000 lb. hoist, along with ample storage solutions including wall-mounted cabinets and a metal rack. Furthermore, the property includes an original compressor and two additional 9,000 lb. hoists, providing a comprehensive suite of tools and equipment for a variety of automotive services. Situated on a 0.28-acre lot, this property offers ample space for operations and potential expansion. The building's location in desirable Wyandotte ensures high visibility and easy access for customers and employees. This turnkey operation is ready for immediate occupancy, presenting a rare opportunity to acquire a well-equipped and established business space. Buyers should conduct their own due diligence. The property is being sold as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.