MLS Public Remarks Amazing Investment Opportunity: 4 Insta-Lube Oil Change Locations (one with a Car Wash Included)! Real Estate and Business included in the sale! Looking to dive into the lucrative automotive services industry? Look no further than this incredible offering: 4 well-established Insta-Lube oil change locations situated on the outskirts of Flint. Each location has been meticulously managed and maintained. With a remarkable 22.25% cap rate, this investment offers a solid and immediate return on your investment. The well-established customer base and reputation of Insta-Lube in the area, provide a steady flow of revenue from day one, ensuring you hit the ground running and start cash flowing right away. Although these locations have been thriving under current management, there is still untapped potential to improve the Net Operating Income (NOI) at all four locations. Don't miss out on this exceptional opportunity to acquire a turnkey business and real estate investment package. Everything you need to succeed is included, from a trusted name to well-maintained facilities and a loyal customer base. Inventory to be sold separately
http://www.www.jjrealtors.com.com/20240008303
Township Mt. Morris Twp
Directions From I-75 head west on Pierson Rd. The store is located on the corner of Pierson and Linden Rd.
Fin Below Grd SqFt 0
Total Fin SqFt 6,000
Price/SqFt $467
Unfinished SqFt 0
Above Grade Finished SqFt 6,000
CDOM 93
Comm. Office Space 1
Sub Property Type Commercial
Year Built 1990
Days on Market 248
Land Assessment $1
Improvements $2800000
Net Taxes $6117
Acreage 0.5
Taxes -
Tax Year -
Summer Taxes $1194
School District Westwood Heights
Winter Taxes $4923
Subdivision Puzjak Acres
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.5
Lot Dimensions 130.00 x 167.00
WaterFrontage
0
Heating Forced Air, Natural Gas
Water Public (Municipal)
Zoning Commercial
Heating Forced Air, Natural Gas
Garage 0.0
Architecture 1 Story
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Exterior Materials Block/Concrete/Masonry
Status Change Date 02/10/2024
Listing Date 02/09/2024
Internet/IDX Y
Listing Office
Berkshire Hathaway Homeservices Michigan Real Est
Office Address
2359 W Shiawassee
Listing Number
20240008303
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Friday, May 17, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
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