4111 Division AveWyoming, MI 49548

  • Commercial real estate
  • 2,048 SF
For Sale
$675,000 View listing

Property Details for 4111 Division Ave

Year built
1951
Lot size
0.38 AC
Property size (Sq ft)
2,048 SF
Zone code
FBC
Property type
Commercial real estate
APN
41-17-24-431-026
APU
411724431026

Description

This exceptional business opportunity presents a rare chance to acquire a well-established, grandfathered auto dealership in Wyoming, Michigan. Located on a highly visible section of Division Avenue, this turnkey operation boasts over 200 feet of road frontage and multiple curb cuts, ensuring excellent accessibility and high visibility for potential customers. The property encompasses two lots, totaling 0.63 acres, providing ample space for operations and future expansion. The existing building offers 2,100 square feet of usable space, perfectly suited for the current business model. Financial records demonstrate consistent and steady growth, indicating a strong and profitable business history. The current owners are seeking retirement, making this a unique opportunity for a qualified buyer to step into a thriving enterprise with an established customer base and a grandfathered license, eliminating the complexities and potential delays associated with obtaining new permits. This is a truly exceptional opportunity for an experienced automotive professional looking to acquire a profitable and established business with significant growth potential. The sale includes all existing equipment and inventory, making this a seamless transition for the new owner. Serious inquiries only. Please refrain from contacting employees or customers directly.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $146,647
    Hospitality
    $134,328
    Educational
    $111,759
    Medical
    $115,602
    Retail
    $173,847
4111 Division Ave, Wyoming, Michigan

Location Insight

City
Wyoming
County
Kent
State
Michigan
Latitude
42.8891
Longitude
-85.6654
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, 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
2021
$3,081
-
-
$82,000
-
-
-
$164,000

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