51
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$2,250,000
Est. payment /mo
7,200 SqFt
New
1415 E Coldwater Road Flint, MI 48505
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $312
Municipality Genesee Twp
Subdivision Genesee Twp
MLS Listing ID 50219989
Year Built 1981
Lot Size 4.240 Acres
Acres 4.24
Property Sub-Type Industrial
Source MiRealSource
Property Description
Outstanding opportunity to acquire an established semi-truck repair company and mobile semi-truck repair company, along with its approximately 4.25-acre heavy-industrial property, extensive inventory, equipment, customer book of business, and additional income streams. The facility was completely renovated in 2021/2022 with well over $500,000 in improvements, including a new metal roof, spray-foam insulation, LED lighting, and extensive upgrades throughout the building. The state-of-the-art facility features 5 premium/elite semi-truck service bays, including a service pit in Bay 3. Bays 4 and 5 offer the potential to be subleased to another business without affecting current production, providing an additional potential revenue stream. The facility is equipped with 480V 3-phase, 800-amp electrical service, three furnace and central-air systems, and a large automatic backup generator capable of powering the facility. HVAC, lighting, security, and the automatic security gate can all be operated by cell phone. The approximately 4.25-acre property provides a large, barbed-wire-secured fenced parking area improved with approximately 6 inches of limestone and monitored by a security camera system. The parking area currently generates residual monthly income from pay-to-park customers. Additional exterior features include a new light pole with block-heater connections, a 500-gallon gasoline tank, 300-gallon diesel tank, and 5 storage freight containers equipped with electricity and security. The sale includes an impressive amount of equipment and assets, including 1 semi-truck, 1 forklift, a mobile roadside repair van with tools, and 1 plow truck, along with a massive inventory of parts and equipment. Just as importantly, the sale includes the company's established customer book of business developed over more than 16 years of successful operation. The interior also features a newly updated administrative office, break room, and bathroom. The property is zoned Heavy Industrial, making it well suited for the existing operation and a variety of potential industrialuses. Operating costs are exceptionally attractive, with approximately $100 per month for water and approximately $400 per month for electric and gas. Current reported property taxes are approximately $1700 summer and $6,700 winter. This is much more than a real estate offering. It is a rare opportunity to acquire an established 16+ year operating business, approximately 5 acres of valuable heavy-industrial real estate, a completely renovated facility, substantial equipment and inventory, an established customer base, mobile roadside repair capabilities, recurring parking income, and additional potential income opportunities. REAL ESTATE + BUSINESS + CUSTOMER BOOK OF BUSINESS + INVENTORY + EQUIPMENT OFFERED AT $2,250,000. All business, income, expense, inventory, equipment, utility, acreage, and tax information is provided by the seller and should be independently verified by purchaser.
Location
State MI
County Genesee
Zoning Industrial
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Sewer Public
Others
Tax ID 11-18-400-008
Listed by REMAX Right Choice
NEARBY SCHOOL & BUSINESS
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