12801 W 8 MILE Road

gallery view

map view

12801 W 8 MILE Road

Detroit, Michigan 48235

4,000 sqft | MLS# 216102137

Sold

For more information on this property, please contact:

Anwar Jennings

DESCRIPTION

LSSD----------------------------------USED CAR DEALER FOR SALE, LOCATED ON BUSY 8 MILE RD. W/ FULL MECHANIC SHOP. FULL BATHROOM, KITCHEN/OR/LOUNGE ROOM, PRIVATE OFFICE + AN OFFICE FOR THE SALES'S EMPLOYEES. BUYER COULD PURCHASE THE DEALER WITH OR WITHOUT THE "USED CARS" IN THE LOT...THE PRICE OF THIS DEALER WITHOUT THE INVENTORIES/CARS IS $89,900 CASH...THERE ARE INVENTORIES/CARS "ABOUT 40 CARS (COST OF $150,000) MUST BE PURCHASE IN CASH AT THE DAY OF CLOSING OR, THE SELLER WILL REMOVED THEM (ALL THE USED CARS OFF THE LOT) TO OTHER LOCATION" & THE NEW BUYER CAN BRING THEIR OWN CARS. NO LAND-CONTRACT PLEASE CASH ONLY. NO BANK LOAN. THIS DEALER MAKE A NET INCOME OF $150,000 PER YEAR (THAT AMOUNT IS THE SAME) FOR THE LAST 5 YEAR. LEASE IS FOR 10 YEAR AT $1,800 PER MONTH & COULD BE TRANSFER TO THE NEW BUYER OR LAND-LORD WILL WRITE NEW LEASE FOR THE SAME AMOUNT & ALSO FOR TEN MORE YEAR TO THE NEW BUYER.

FACTS

School District: Detroit County: Wayne Status: Sold Listing Type: Commercial Year Built: 1973 Stories: 1 Story

FEATURES

Sewer: Sewer-Sanitary Exterior: Other,Stone Water Heater: Gas Directions: ON THE SOUTH SIDE OF 8 MILE RD BETWEEN COOLIDGE AND MEYERS. METRO CITY AUTO SALE.


All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor City Center Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for 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.

IDX provided courtesy of Realcomp II Ltd, by Mike Bahry via RE/MAX Vision and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders

Connect with us here