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Jim Blehm

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

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16504 Woodward Ave , Highland Park, MI 48203
$649,999
Est. Payment: $1,444.44/mo
0 Bed
0 Bath
2400 Sqft
Status: Active | Days on site: 134
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432216 - 2431997
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House Description

Fully licensed & operational used car lot and repair shop: includes a Class B Used Vehicle Dealer License, Class C Salvage License, and Vehicle Repair License.Exceptional opportunity on Woodward Avenue, conveniently located just south of McNichols (Six Mile), offering high visibility/accessibility, and excellent signage opportunities.Situated in a dense residential area with nearby automotive and retail neighbors, including Bill Snethkamp Chrysler Dodge Jeep and Ram Dealership, creating excellent synergy.Large lot capable of displaying up to sixty (60) vehicles, ideal for maximizing inventory and sales exposure.Two-bay mechanic shop featuring a single active garage door plus an additional 12' x 12' garage door (previous opening currently blocked but easily reopened with door reinstallation), ample storage for parts and inventory, and a customer-facing office for sales, administration, and service operations.Beautiful cinder block structure built in 2008, well maintained and functional for day-to-day operations.Huge upside for a new owner by offering customer financing options, including Credit Acceptance programs.With service restricted to the dealership's own vehicles, there's a clear opportunity to expand all customers and boost revenue dramatically.Additional capital investment, new inventory, and expanded day-to-day operations can further enhance profitability.

Highlights

Listed by Corbin Yaldoo , 248-752-1276 C3 CRE, LLC , 248-220-1110.

Property Type

Commercial Sale

Lot/Acreage
0.35

Year Built

2008

County

Wayne

Neighborhood

Highland Park City

School District

Highland Park

Listing ID

20261025079

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Interior Features

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

Exterior Features

Principal Interest
$1,444
Taxes
$472

Home Price

$649,999

Loan Details

30 yrs
%

Down Payment

20%
$130,000
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Monthly Price:
$1,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,444.44 $472.02 $0.00 $1,916.46
Yearly $17,333.31 $5,664.27 $0.00 $22,997.58
Total $519,999.20 $169,928.10 $0.00 $689,927.30

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 (Highland Park, 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.