724 N Washington Ave - Specialty FOR SALE


Saginaw, MI 48607
$350,000 USD
989-486-9770
724 N Washington Ave, Saginaw, MI for Sale
$350,000 USD
Specialty - FOR SALE
1/1
null | Request Cap Rate

Oct '26


724 N Washington Ave
Saginaw, MI 48607


OVERVIEW

Rare opportunity to acquire both a profitable, established automotive repair and transmission business and the accompanying real estate in a prime Saginaw location near downtown with convenient highway access. This well-known shop has been serving the community for over 40 years, with the current owners operating the business profitably during the two years they have owned it. Land contract terms are available, creating added flexibility for qualified buyers. The property features a well-maintained 40' x 100' commercial building with five service bays, 14-foot ceilings, and ample space to support a wide range of automotive services. Situated on a secured, fully fenced site with parking capacity for up to 200 vehicles, this property offers exceptional functionality and room for growth. The business currently provides general automotive repair, oil changes, exhaust services, transmission work, and more. The facility includes a customer waiting area, private office space, employee break room, bathroom, and additional storage areas. Included in the sale is an extensive inventory of equipment, featuring four hoists, compressors, tire machines, an alignment rack, and numerous additional tools and equipment necessary for continued operation. Recent capital improvements include new furnaces and a new hot water tank. A security system is already in place, and existing employees may be willing to remain, providing valuable operational continuity for a new owner. Whether you're an owner-operator, investor, or an established automotive business looking to expand, this turnkey opportunity offers proven profitability, valuable real estate, extensive equipment, an established customer base, and a strategic location with excellent accessibility. Contact us today for additional information, financial details, and to schedule a private showing.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

C

APN/PARCEL ID

90-20-0-11-5000-000

ASK ABOUT THIS PROPERTY

Herbert SaenzModern RealtyMore Info
989-486-9770

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Herbert SaenzModern RealtyMore Info
989-486-9770

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