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$2,800,000
Est. payment /mo
6,000 SqFt
UPDATED:
12/09/2024 11:57 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $466
Subdivision Mi
MLS Listing ID 60287300
Annual Tax Amount $6,117
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 130.00 x 167.00
Property Description
Amazing Investment Opportunity: 4 Insta-Lube Oil Change Locations (one with a Car Wash Included)! Real Estate and Business included in the sale! Looking to dive into the lucrative automotive services industry? Look no further than this incredible offering: 4 well-established Insta-Lube oil change locations situated on the outskirts of Flint. Each location has been meticulously managed and maintained. With a remarkable 22.25% cap rate, this investment offers a solid and immediate return on your investment. The well-established customer base and reputation of Insta-Lube in the area, provide a steady flow of revenue from day one, ensuring you hit the ground running and start cash flowing right away. Although these locations have been thriving under current management, there is still untapped potential to improve the Net Operating Income (NOI) at all four locations. Don't miss out on this exceptional opportunity to acquire a turnkey business and real estate investment package. Everything you need to succeed is included, from a trusted name to well-maintained facilities and a loyal customer base. Inventory to be sold separately,
Location
State MI
County Genesee
Area Mt Morris Twp (25013)
Zoning Commercial
Interior
Heating Forced Air
Building
Foundation Basement
Water Public Water
Structure Type Block
Others
Ownership Private
Assessment Amount $39
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Berkshire Hathaway HomeServices Michigan Real Est