69760 Red Arrow HwyHartford, MI 49057

Property Details for 69760 Red Arrow Hwy

Year built

1965

Lot size

2.72 AC

Property size (Sq ft)

3,480 SF

Zone code

R1

Property type

Retail space

APN

80-11-019-009-00

APU

801101900900

Description

This exceptional opportunity presents the acquisition of a well-established and profitable tractor parts business located at 69760 Red Arrow, Hartford, MI. The sale includes the existing business, its equipment, and some inventory (a detailed inventory list will be provided shortly). This turnkey operation has a rich history, having served the community for 58 years, building a strong reputation for quality service and reliable parts. The business model encompasses tractor sales, parts sales, repair services, and complete tire service, offering a diverse revenue stream. The property itself consists of a substantial 7,664 square foot industrial building situated on a one-acre lot. A significant advantage is the inclusion of a second parcel of land in the sale, offering potential for expansion or future development. The asking price for this complete package is $549,000. This represents a rare chance to own a long-standing, successful business with significant growth potential in a stable market. Financial records and further details regarding the inventory will be made available to qualified buyers upon request. This is an ideal opportunity for an experienced entrepreneur seeking an established business with a proven track record or for an investor looking for a strong return on investment. Don't miss this chance to acquire a thriving business with a legacy of success.

• CAP approach

  CAP return

  Valuation

  6%

  $656,568

  6.5%

  $606,063

  7%

  $562,773

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,142,240

  Geo Method

  $1,142,240

• Alternative Use

  Use

  Valuation

  Residential

  $511,237

  Hospitality

  $468,290

  Educational

  $389,612

  Medical

  $403,011

  Retail

  $606,063

Location Insight

City

Hartford

County

Van Buren

State

Michigan

Latitude

42.1965

Longitude

-86.2228

CBSA code

28020

CBSA name

KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].