912 Main StAnn Arbor, MI 48104

  • Commercial real estate
  • 0.45 AC
For Sale
$9,000,000 View listing

Property Details for 912 Main St

Year built
1945
Lot size
0.45 AC
Zone code
C3
Property type
Commercial real estate
APN
09-09-20-403-025
APU
90920403025

Description

This exceptional opportunity presents a well-established and highly profitable towing business located at 912 N Main St, Ann Arbor, MI 48104, in Washtenaw County. Priced at $9,000,000, this turnkey operation includes the building, land, and all necessary equipment for immediate operation. The business boasts a strong reputation, consistent revenue, and valuable police contracts, ensuring a stable income stream. Its prime location offers easy highway access and proximity to service areas, maximizing operational efficiency. The sale includes a full-service towing operation with potential for expansion into additional automotive services, capitalizing on strong market demand and offering a recession-resistant investment. The business has a proven track record and is ready for immediate operation, presenting a significant opportunity for growth through increased service capacity, additional contract acquisition, or expansion into new service areas. Detailed financial information and the full address will be disclosed upon execution of a non-disclosure agreement. This is a rare chance to acquire a thriving business with significant potential for continued success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,874,996
    Hospitality
    $3,549,475
    Educational
    $2,953,122
    Medical
    $3,054,684
    Retail
    $4,593,744
912 Main St, Ann Arbor, Michigan

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2893
Longitude
-83.7466
CBSA code
11460
CBSA name
ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,515
-
-
$675,100
-
-
-
$1,350,200

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