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16504 Woodward Ave 2,400 SF Retail Building Highland Park, MI 48203 $888,510 CAD ($370.21 CAD/SF)
Investment Highlights
- Seller financing option available, creating attractive entry conditions for new ownership.
- Two-bay service garage with car hoist, additional hoist included, and supporting shop features.
- Strategic location on Woodward Avenue near McNichols, offering high visibility and accessibility.
- Secure, fully fenced property with cemented lot, bulletproof windows, camera system, and alarm system.
- Display capacity for approximately 60 vehicles to maximize sales volume.
- Fully licensed for used car sales and vehicle repair, including salvage operations.
Executive Summary
Positioned along the iconic Woodward Avenue in Highland Park, this versatile automotive property offers a fully operational and licensed platform for used car sales and repair services. The 2,400-square-foot cinder block structure, built in 2008, sits on 0.35 acres and is equipped with a dealership-ready infrastructure, making it an ideal acquisition for owner-users or investors targeting the automotive sector.
The site includes multiple business licenses—Class B Used Vehicle Dealer License, Class C Salvage License, and Vehicle Repair License—providing significant operational flexibility. It features a display lot with capacity for up to 60 vehicles, a two-bay mechanic shop with 12’ x 12’ overhead doors (including provisions for an additional bay), and ample storage for parts and inventory. High ceilings, bulletproof windows, a fully cemented parking lot with drainage, and a robust security system add functional durability and peace of mind.
The site includes multiple business licenses—Class B Used Vehicle Dealer License, Class C Salvage License, and Vehicle Repair License—providing significant operational flexibility. It features a display lot with capacity for up to 60 vehicles, a two-bay mechanic shop with 12’ x 12’ overhead doors (including provisions for an additional bay), and ample storage for parts and inventory. High ceilings, bulletproof windows, a fully cemented parking lot with drainage, and a robust security system add functional durability and peace of mind.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,400 SF
Building Class
C
Year Built
2003
Price
$888,510 CAD
Price Per SF
$370.21 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.35 AC
Zoning
Commercial - Commercial Zoned District
Parking
30 Spaces (12.5 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Fenced Lot
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 43-002-04-0009-310 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $96,843 CAD |
Property Taxes
Parcel Number
43-002-04-0009-310
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$96,843 CAD
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16504 Woodward Ave
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