15430 Fenkell AveDetroit, MI 48227

For Sale
$1,849,000
Established Auto Repair Business & Real Estate

Overview

Added:
Dec 11, 2024
Days on market:
126
Exceptional opportunity to acquire a thriving, established auto repair business and its accompanying real estate in Detroit, Michigan. This turnkey operation, operating for over 35 years, boasts a 4,266 square foot building on a 15,000 square foot lot at the corner of Fenkell and Greenfield Avenues. The property, built in 1989 and renovated in 2015, includes a spacious waiting area, office, two bathrooms, and a storage room. Five of the seven garage bays are equipped with working hoists, presenting immediate potential to add two more for increased revenue. The property's zoning allows for flexibility; it could be converted back into a gas station or expanded to incorporate additional parking, potentially transforming it into a dealership/repair shop combination. Financial information and a signed confidentiality agreement are required prior to scheduling a showing. This is a rare chance to own a well-established business with significant growth potential in a high-traffic area. The asking price for both the business and the real estate is $1,849,000. Serious inquiries only.

Highlights

  • $1,849,000 asking price for this established auto shop business and real estate.
  • 4,266 square foot building on a 15,000 square foot lot in Detroit, MI.
  • Owner/user investment opportunity, featuring a successful 35+ year-old business.
  • Located at 15430 Fenkell Ave, Detroit, MI 48227, on a major cross street.
  • Built in 1989, renovated in 2015, with potential for expansion.

Property Details for 15430 Fenkell Ave

Property type
Retail properties, Auto shops
Square Feet
4,266 SF
Year Built/Renovated
1989/2015
Buildings
1
Units
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4018238
Longitude
-83.1980801
15430 Fenkell Ave, Detroit, Michigan

FAQs

What type of property is this?
Retail property - Established Auto Repair Business & Real Estate
Where is the retail property located?
The property is located at 15430 Fenkell Ave Detroit, MI.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: $1,849,000 asking price for this established auto shop business and real estate.; 4,266 square foot building on a 15,000 square foot lot in Detroit, MI.; Owner/user investment opportunity, featuring a successful 35+ year-old business.
How can I contact the broker?
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15430 Fenkell Ave
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