16504 Woodward Avenue, Highland Park, MI 48203

$649,999

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List Price
$649,999
Days on Market
129
MLS#
20261025079
Status
ACTIVE
Type
Commercial

Property 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.

Additional Information

Taxes
$5,664
Acres
0.35
School District
Highland Park
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Corbin Yaldoo from Listing Office: C3 CRE, LLC.

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