$129,900
Active

6491 Elizabeth Lake Road

Waterford, MI 48327
1.04 acres | #R20221035165
Browse 15 photos
Type:Purchase
Structure:Retail
Zone:Commercial

Description

Wonderful business opportunity to start up your own auto repair shop. This shop has 3 bays with lifts The owner currently has over 5000 client names in the company's database plus a list of automtive suppliers, sales programs and ofice equipment.. This is a BUSINESS only opportunity, owner currently leases the building for $1700/mo. Seller is leaving a fully furnished auto repair shop, See attached document for the list of contents the seller is including with the business. Seller is willing to consider an installment contract for the business with a downpayment of $32,475.00 and amortized over 15 years at 6%. There is a balloon note due in 5 years. The monthly payment of $822.27. Owner is willing to stick around a week or so after closing to show new owner how everything works. Great corner location in southwest Waterford on quiet street. The owner currently leases the building for $1,700/month

  • Property Details
      • MLS #R20221035165
      • MLS #R20221035165
      • Original List Price$129,900
      • Property SubtypeBusiness
      • CountyOakland
      • Cost129900
      • Acres1.04
      • Year Built1948
      • FoundationSlab
      • Days on Market (Cumulative)231
      • Days On Market231
      • Buying Agency Compensation5%
      • Garage Spaces0

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Last Updated: . Source: AAABOR

Workhorse Realty LLCReal Estate Group
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10.0%

Interest Rate

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6.0%

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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    © MichRIC. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

    ​All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.