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4,000 sqft | MLS# 216102137
Sold
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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.
School District: Detroit County: Wayne Status: Sold Listing Type: Commercial Year Built: 1973 Stories: 1 Story
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.
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