20461 John R Street $800,000

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    20461 John R Street Highland Park, MI 48203

    • 5,000 sq. ft.
    • 0.62 Acres
    • Commercial
    • MLS# 60312646
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    Views: 13 Days On Site: 164

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    Property Details

    This is a well-known body shop in itâ‚„¢s third decade of business consisting of a full-service 5000 square foot body shop plus a detached 2500 square foot office building. It is now available for sell or lease! This established business is just looking for the right owner/operator. It is located in a high traffic area on John R Rd south of 8 Mile near I-75 in a business corridor. The business carries a grandfathered used auto dealerâ‚„¢s license, vehicle storage and towing license. The body shop is equipped with a paint mixing system, down draft heater spray booth, hoist, two air compressors and frame machine. The office building features an updated showroom with a managerâ‚„¢s office, private conference room, kitchen, bathroom, reception area and fenced in 100 car capacity parking lot. This is a great opportunity to invest in a turn-key business with a loyal and established customer base!

    • General Features
      • Acreage 0.62
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Total SqFt Finished 5000
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Block, Brick
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Lot Size Irregular
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    48203 (Highland Park) Demographics

    40 Median Age
    2,856 Population Density (per sq. mile)
    25% College Educated
    $26,744 Estimated Median Income
    4,251 Estimated Total Home Owners
    5,798 Estimated Total Renters
    42% / 58% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    22,901 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $131,000 Median Sales Price
    9 Homes Sold
    25 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $800,000
        10/30/2024 1:21:55 PM Price Reduced Source: Multiple Listing Service New Value: $800,000 -27.27%
        6/3/2024 1:22:00 PM New in Database Source: Multiple Listing Service New Value: $1,100,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.