$265,000
16550 Wilson Avenue
Details
APN 1430278005
Property Type Retail
Sub Type Auto Shop, Automotive
Square Footage 2,850
NOI $21,500
Year Built 1986
Acreage 0.240
Retail | 2,850 SqFt
Marketing description
**Investment Opportunity – Fully Occupied 6-Bay Automotive Service Building in Eastpointe!**
Don't miss this exceptional opportunity to own a fully occupied commercial automotive facility located in the heart of Eastpointe. This well-maintained **2,850-square-foot** masonry building features **six overhead service bays**, a dedicated office/reception area, customer entrance, paved parking, and a fenced rear storage area, making it an ideal investment or future owner-user opportunity.
The property is currently configured as two separate operating businesses. One side is leased to a well-established **window tinting company** for **$850 per month**, while the other side is leased to an **automotive repair shop** generating **$950 per month**, providing immediate rental income with additional upside potential. Current rents are below market, offering investors the opportunity to increase cash flow over time.
Built in **1986** and situated on a **10,454-square-foot lot**, the building offers excellent functionality with multiple vehicle lifts, high overhead doors, ample shop space, and dedicated office facilities. The property's flexible layout makes it suitable for automotive repair, detailing, customization, fleet maintenance, performance shops, light industrial use, or a variety of other commercial applications (subject to municipal approval).
Located just minutes from Gratiot Avenue and I-94, the property enjoys excellent accessibility and serves a densely populated trade area with strong demand for automotive service businesses.
Whether you're looking to expand your investment portfolio or secure a commercial property for your own business while collecting rental income, this property offers outstanding potential.
**Property Features:**
* 2,850 SF commercial building
* Six overhead service bays
* Front office and reception area
* Two income-producing tenants
* Auto repair tenant: $950/month
* Window tint tenant: $850/month
* Immediate cash flow
* Below-market rents with upside potential
* Paved parking an
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$21,500.00
$1,791.67/mo
Valuation Metrics
0
DSCR
8.11%
Cap Rate
8.11%
ROI
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