Jevon Spencer - Commercial Real Estate Showcase

Jevon Spencer Property Listings
Jevon Spencer
(248) 469-8608

13160 Fort Street

Southgate, MI 48195-1102 - Downriver South Submarket

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:1959
Building Size:3,075 SF Land Area:.23 AC (10,019 SF)
For Sale Price:$375,000 Price/SF:$121.95
Cap Rate:-
Parking:16 Surface spaces are available; Ratio of 3.58/1,000 SF

Sale Notes:
$50,000 down payment for land contract option. With 7% interest for 120months (10 years) which equals payments of $2,898.
This is an Opportunity for a Mechanic looking to become an Owner of an Auto Repair Business and Real Estate. Also one who wants to expand and serve within a great area (Detroit, Southgate, Allen Park, Lincoln Park, Grosse Ile, Wyandotte, Taylor, Riverview, Brownstown). The seller has three successful auto repair locations with an A+ BBB Rating. This location is generating $18k in monthly sales and a gross annual income of $216,000! Ownership includes: Four Bays with Four New Lifts, Stand Up Ingersoll Rand Compressor, Miller Welder, Engine Cherry Picker, Heavy Duty Jack Stand, Transmission Jack and Additional Space for Another Bay/Lift/Storage to Sublease, Customer Lounge and Ample Parking. This is a turn key business that has maintained a 5 star customer review with Google, boasts an extensive loyal customer based service history and has a growing network with access to automotive industry vendors!

Jevon Spencer
Jevon Spencer
(248) 469-8608

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