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23940 Gibraltar Road

Flat Rock, MI 48134
  • $475,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: 20221046047
UPDATED: 56 min ago
$475,000
  • 0
    BEDS
  • 1.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,222
    SQFT
  • $147
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1954
County:
Area:
Zoning:
Commercial
Lot Size Dimensions:
93X467

School Ratings & Info

School District:

Description

Fully functioning Body and Mechanic shop located in Flat Rock MI. Building is 3200 sq ft and sits on 1.39 acres. Tools and equipment included in the sale. There are 4 bays and ample outdoor parking. This property has room to expand or the property could be split. Prime location at the corner of Gibralter and Cahill. Owner has been in business over 30 years with Post Covid revenues averaging over $300,000 annually.Price: $475,000

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IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus 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: 2022-11-30T12:02:37.947.
www.nexushomesearch.com/homes/133442069
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23940 Gibraltar Road Flat Rock, MI 48134

  • Price: $475,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 56 min ago
  • ID#: 20221046047
0
Beds
0
Baths
0
½ Baths
1.39
Acres
3,222
SQFT
$147
$/SQFT
1954
Built
Neighborhood:
Flat Rock
County:
Wayne
Area:
Flat Rock
School District:
FLAT ROCK
Property Description
Fully functioning Body and Mechanic shop located in Flat Rock MI. Building is 3200 sq ft and sits on 1.39 acres. Tools and equipment included in the sale. There are 4 bays and ample outdoor parking. This property has room to expand or the property could be split. Prime location at the corner of Gibralter and Cahill. Owner has been in business over 30 years with Post Covid revenues averaging over $300,000 annually.Price: $475,000
Exterior Features

Architecture Level 1 Story Construction Materials Block/Concrete/Masonry Foundation Details Slab Lot Size Dimensions 93X467 Road Frontage Feet 93 Road Frontage Type Class B Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Radiant Heating Fuel Natural Gas Sq Ft Main 3222 Sq Ft Office 100

Property Features

Assessment 394.00 Commercial Type Business And Real Estate Deposit Amount 100000.00 Existing Lease YN No Gross Scheduled Income 300000.00 Inventory Included YN No Land Contract YN Yes Land Interest Rate 8 Land Payment 3000 Land Terms 60 Listing Financing CashContractConventional Monthly Sales 25000 Net Operating Income 299999.00 Operating Expense 1.00 Ownership Status Short Sale - NoPrivate Owned Possession Close Plus 30 Days Postal City Flat Rock Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 3871.0000 Tax Amount Winter 1942.0000 Title Standard (Private) Total Tax 5813.0000 Unparsed Address 23940 Gibraltar Road Water Source Community Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Compass Realty: (734) 284-8600 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus 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: 2022-11-30T12:02:37.947.
 
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