66629 Gratiot Ave - Auto Dealership FOR SALE


New Haven, MI 48050
$3,500,000 USD
313-590-5806
66629 Gratiot Ave, New Haven, MI for Sale
$3,500,000 USD
Auto Dealership - FOR SALE
1/21
null | Request Cap Rate

NEW


66629 Gratiot Ave
New Haven, MI 48050


HIGHLIGHTS

  • New roof and HVAC (2024)
  • New underground utilities and storm system
  • New parking lot (2022)
  • Zurn drain systems and oil/water separator in place
  • Backup generator for operational continuity
  • Sale includes equipment (excluding frame bender)

OVERVIEW

This is a rare opportunity to acquire a highly improved 18,627 SF industrial/auto body facility situated on 5.82 acres with excellent frontage along Gratiot Avenue in Richmond, Michigan. The property is purpose-built for automotive use, featuring 16’ clear height in the shop, seven (7) overhead doors (up to 14’ high), and 800 amp, 208V, 3-phase power, making it well-suited for collision repair, service, fleet operations, or other industrial users. The facility has undergone significant recent capital improvements, including a new roof and HVAC system in 2024, along with new underground utilities/storm systems and a newly constructed parking lot completed in 2022. Additional features include Zurn drain systems, an oil/water separator, specialized wash bays, climate-controlled shop areas, a backup generator, and enhanced site security with pole-mounted cameras and LED lighting. The property also offers a modern office and reception area with quality finishes. The sale includes substantially all existing building improvements and operational equipment, excluding only the frame bender. Offered at $3,500,000, this is a turnkey opportunity with significant infrastructure already in place.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Dick Huvaere Dodge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

170

LAND DETAILS

LAND ACRES

8.85 AC

LAND SF

385,288 SF

ZONING

B-3

APN/PARCEL ID

07-06-12-201-019

ASK ABOUT THIS PROPERTY

Gary DavidGD Real Estate ServicesMore Info
313-590-5806

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Gary DavidGD Real Estate ServicesMore Info
313-590-5806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.