8900 Oakland Street

    Detroit, MI 48211
    • $234,500
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: 218026186
    UPDATED: 17 min ago
    $234,500
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $117
      $/SQFT
    Type:
    Commercial
    Built:
    1965
    County:
    Zoning: Commercial,Light Industrial
    Lot Size Dimensions: 123.06X113.51

    School Ratings & Info

    School District:

    Description

    NEW CENTER!!!! Very buys auto repair shop that is right off the lodge freeway and two blocks away from Woodward Ave. The business is under staffed and would be great for someone who has a family that are car enthusiast. The business itself is for 189,000 and the seller willing to lease the land for 2000 a month NNN. Autoshop has about 12-15 cars on the lot that are included in the sale. The lot is situation in a development zone so a used car dealership can be started on this lot and expended on the adjacent lots. Average traffic of business is around 8-15 cars a day but some days you will have that many cars at once. Owner doesn't take insurance, this is an all cash business so there is much room to grow business. Also no marketing is being done, adding more inventory would also increase revenue. The dealership is profitable. If your interested please provide proof of funds and we can set-up a showing.Includes all tools, inventory, upgrades, and employees willing to stay.

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    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-07-16T17:59:40.953.
    www.detroitmetrorealestate.com/homes/82148049

    8900 Oakland Street Detroit, MI 48211

    • Price: $234,500
    • Status: Active
    • Updated: 17 min ago
    • ID#: 218026186
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    2,000
    SQFT
    $117
    $/SQFT
    1965
    Built
    Neighborhood:
    Galloway & Butterfields (Plats)
    County:
    Wayne
    Area:
    Det: Livernois-i75 6-gd River
    School District:
    DETROIT
    Property Description
    NEW CENTER!!!! Very buys auto repair shop that is right off the lodge freeway and two blocks away from Woodward Ave. The business is under staffed and would be great for someone who has a family that are car enthusiast. The business itself is for 189,000 and the seller willing to lease the land for 2000 a month NNN. Autoshop has about 12-15 cars on the lot that are included in the sale. The lot is situation in a development zone so a used car dealership can be started on this lot and expended on the adjacent lots. Average traffic of business is around 8-15 cars a day but some days you will have that many cars at once. Owner doesn't take insurance, this is an all cash business so there is much room to grow business. Also no marketing is being done, adding more inventory would also increase revenue. The dealership is profitable. If your interested please provide proof of funds and we can set-up a showing.Includes all tools, inventory, upgrades, and employees willing to stay.
    Exterior Features

    Architecture Level 1 Story Commercial Exterior Features Doors 16-20 FtDoors Over 20 FtLevelers Construction Materials Block/Concrete/Masonry Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 123.06X113.51 Road Frontage Feet 123 Road Frontage Type Class A Waterfront YN No

    Interior Features

    Heating Cooling Central Air Heating Fuel ElectricNatural Gas Room Count 0 Sq Ft Main 2000 Sq Ft Office 2000 Sq Ft Source Prd

    Property Features

    Assessment 100 Business Type Service Commercial Type Business And Real EstateBusiness OpportunityCommercialReal Estate Only Current Use Auto Mechanic Shop Deposit Amount 80000.00 Encroachment YN No Gross Scheduled Income 240000.00 Inventory Included YN Yes Land Contract YN Yes Land Interest Rate 8 Land Terms 60 Listing Financing CashConventionalLand ContractLease With OptionNet Lease Monthly Sales 20000 Net Operating Income 9999999.00 Operating Expense 9999999.00 Ownership Status Private OwnedShort Sale - No Possession Immediate Postal City Detroit Protection Period 180 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1055.0000 Tax Amount Winter 338.0000 Title Private - Owned Total Tax 1393.0000 Unparsed Address 8900 OAKLAND ST Water Source Municipal Water Year Remodeled 2014 Zoning CommercialLight Industrial

    IDX provided courtesy of Realcomp II Ltd., via Metro Detroit Real Estate Llc and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-07-16T17:59:40.953.
     
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