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29828619
29828620

10311 Eight Mile W, Detroit, MI 48221

BB
MI 462328
TDG Commercial
Listed by TDG Commercial
$1,200,000
111 days on market
Updated 84 days ago

Price Improvement: Auto Repair & Dealership | $250k+ NOI

Details
APN 16009471-6
Property Type Retail
Sub Type Auto Shop
Square Footage 6,500
Units 1
Cap Rate 20.83%
NOI $250,000
Price per SqFt $185
Class C
Year Built 1959
Buildings 1
Stories 1
Lot Size (SqFt) 10,454
Zoning General Business B2
Investment Type Owner/User
Occupancy Date 05/01/2026

Turnkey Auto Facility with $250K+ NOI & Scalable Collision/Dealer Licensing

Marketing description

Rare opportunity to acquire a highly profitable, freestanding 6,500 SF automotive facility situated on the high-traffic West 8 Mile corridor. This is a true "plug-and-play" asset, featuring a well-established operation with a loyal repeat clientele and a reported NOI of $250,000–$300,000.

The Facility

The 6,500 SF masonry building is designed for maximum throughput and operational efficiency.

Capacity: Equipped with 7 lifts and a Hunter alignment machine to support high-volume service.

Collision Ready: Includes a dedicated refinishing/paint booth and all infrastructure for body work.

Modern Upgrades: The entire shop is heated and cooled for year-round productivity, with brand new bay doors and an upgraded security package.

Curb Appeal: The exterior was recently painted and offers ±103 feet of prime frontage on W 8 Mile Rd.

Licensing & Growth Potential

What sets this listing apart is the inclusion of critical, hard-to-acquire licenses that allow for immediate diversified revenue streams:

Used Car Dealer License

Collision License

Used Tire License

An incoming owner-user can immediately scale by expanding used car inventory or leveraging the existing collision infrastructure to grow higher-margin body work volume.

Prime Location Highlights

Exposure: High-traffic corridor with 24,000 AADT (Daily Traffic Count).

Connectivity: Direct curb cuts for easy tow traffic and proximity to major regional arteries.

Market: Positioned within a dense residential trade area with a high demand for automotive maintenance and repair.

Sale Includes: Real estate, core shop FF&E (air compressor, welding/tire/AC machines), and all active licenses.

Investment highlights

  • Exceptional Profitability: Reported NOI of $250,000–$300,000 with scalable operational upside.

  • Comprehensive Licensing: Sale includes Used Car Dealer, Collision, and Used Tire licenses.

  • Fully Equipped Shop: Features 7 lifts and a Hunter alignment machine for high-volume service.

  • Turnkey Infrastructure: Includes a dedicated refinishing/paint booth and core shop FF&E like air compressors and welding machines.

  • Prime Visibility: Approximately 103 feet of frontage on West 8 Mile Road with 24,000 AADT (daily traffic).

  • All-Season Comfort: The entire 6,500 SF facility is fully heated and cooled for year-round efficiency.

  • Enhanced Security: Features brand new bay doors with protective security coverings and a modern security package.

  • Recent Renovations: The exterior has been newly painted, providing a strong and professional curb presence.

Listing Contacts

BB
MI 462328
TDG Commercial
Listed by TDG Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$250,000.00
$20,833.33/mo

Valuation Metrics

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DSCR
20.83%
Cap Rate
20.83%
ROI

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Additional Information

Name
Brock Bean
License
462328
Brokerage
TDG Commercial
Brokerage Phone
(248) 955-2693
Brokerage Address
440 South Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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