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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1018 W 9 Mile Rd , Ferndale, MI 48220
$899,000
Est. Payment: $1,997.78/mo
0 Bed
0 Bath
2213 Sqft
Status: Active | Days on site: 71
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433754001 - 296558
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Turn-key auto repair business in busy area of Downtown Ferndale. Owner is retiring after more than 40 years and ready to transition to new owner. Simple, repeatable operations that generate good cash flow, with high repeat customer rate. Situated in a prime area of downtown Ferndale. 2300 Sq ft. freestanding building with retail main road frontage. High visibility and accessibility. High Traffic Volume area of Nine mile and Woodward.The shop floor has 2 electric hoists, one compressor, one frame straight puller, 2 working benches,overhead heater. Roof is 8 years old. 7X8 customer waiting area and 12X10 office with an attachedbathroom. owner can stay and help with the transition.
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Highlights

Listed by Ha Nguyen , 313-673-8690 Remerica Integrity , 248-912-9990.

Property Type

Commercial Sale
Lot/Acreage
0.21

Year Built

1970

County

Oakland

 Neighborhood

Ferndale City

 School District

Ferndale

Listing ID

20261052325

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$1,998
Taxes
$568

Home Price

$899,000

Loan Details

30 yrs
%

Down Payment

20%
$179,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,997.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,997.78 $567.92 $0.00 $2,565.69
Yearly $23,973.33 $6,815.00 $0.00 $30,788.33
Total $719,200.00 $204,450.00 $0.00 $923,650.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ferndale, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.