15430 Fenkell AveDetroit, MI 48227

Property Details for 15430 Fenkell Ave

Year built

1989

Property size (Sq ft)

4,266 SF

Property type

Retail properties

Property subtype

Auto shops

Description

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.

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4018

Longitude

-83.1981

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