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31826962
31826961

20500 Mound Road, Detroit, MI 48234

Summit Union Real Estate
Summit Union Real Estate
Listed by Summit Union Real Estate
$2,499,900
58 days on market
Updated 3 days ago

Prestige Auto Parts

Details
APN W13I012924S
Property Type Business for Sale, Retail (+1)
Sub Type Business and Building, Auto Shop (+4)
Square Footage 12,500
Units 2
NOI $450,000
Tenancy Single
Price per SqFt $200
Broker Co-Op Yes
Class C
Year Built 1948
Year Renovated 2000
Buildings 2
Stories 2
Acreage 1.000
Zoning M-4
Investment Type Owner/User
Ceiling Height 16
Ownership Operator Owned

Prestige Auto Parts

Marketing description

Prestige Auto Parts presents a rare opportunity to acquire a long-term, established automotive dismantling and parts business, including the real estate, business, and all inventory, which is valued at $950,000 and included in the sale. This turnkey operation offers everything needed for immediate continued success, making it ideal for an owner-operator or investor looking to step into a proven and profitable business with a strong operating history. Land contract terms may be available depending on origination and buyer qualifications, providing flexible acquisition options.

Investment highlights

Prestige Auto Parts presents a rare opportunity to acquire a long-established automotive dismantling and parts business, including both the real estate and operating company, offering immediate cash flow with a strong history of performance. This turnkey operation provides a solid foundation for an owner-operator or investor, with significant upside through operational improvements and strategic expansion. Key value-add opportunities include increasing vehicle intake and parts processing, improving inventory management systems, and enhancing yard efficiency to drive higher margins. A major growth component lies in expanding online sales channels through platforms such as eBay, Facebook Marketplace, and Car-Part.com, enabling broader market reach, streamlined sales, and higher-margin transactions. Additional upside exists through digital marketing, shipping integration, and e-commerce optimization to scale beyond local demand. The property also offers flexibility for continued salvage use or potential redevelopment (subject to municipal approvals), with ample space to expand into complementary automotive services, wholesale distribution, or fleet partnerships. Land contract terms may be available, subject to origination and buyer qualifications, providing flexible acquisition options for qualified buyers.

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Listing Contacts

Summit Union Real Estate
Summit Union Real Estate
Listed by Summit Union Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$450,000.00
$37,500.00/mo

Valuation Metrics

0
DSCR
18%
Cap Rate
18%
ROI

Map

Zoning

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M4 IndustrialIntensive Industrial District
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Nathaniel Korkis
License
460946
Brokerage
Summit Union Real Estate
Brokerage Phone
5864043239
Title
Real Estate Agent
Brokerage Address
850 Stephenson Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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