$2,150,000
$2,800,000
23.2%For more information regarding the value of a property, please contact us for a free consultation.
6,000 SqFt
SOLD DATE : 01/31/2025
Key Details
Sold Price $2,150,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $358
Subdivision Puzjak Acres
MLS Listing ID 20240008303
Sold Date 01/31/25
Originating Board Realcomp II Ltd
Year Built 1990
Annual Tax Amount $6,117
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 130.00 x 167.00
Property Sub-Type Business And Real Estate
Property Description
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,
Location
State MI
County Genesee
Area Mt. Morris Twp
Zoning Commercial
Direction From I-75 head west on Pierson Rd. The store is located on the corner of Pierson and Linden Rd.
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry
Schools
School District Westwood Heights
Others
Tax ID 1429578004
Ownership Short Sale - No,Private Owned
Assessment Amount $39
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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