3781 High StEcorse, MI 48229

For Sale
$1,100,000

Profitable Ecorse, MI Dumpster Business

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 3,306 square foot retail building located at 3781 High Street in River Rouge, Michigan, within Wayne County (zip code 48229). The property, built in 1946, sits on a 0.2-acre lot and boasts a single story design. Currently operating as a thriving dumpster business with 18 years of continuous operation, the sale includes the building, 60 roll-off dumpsters, and all necessary equipment for continued operation. The building features four garage doors, providing ample access for efficient operations. The property is zoned for Commercial and Light Industrial use, offering flexibility for future endeavors. With 100% occupancy and a compelling asking price of $1,100,000, this translates to a price per square foot of $332.73 and an attractive 18.90% capitalization rate. A detailed equipment list is available upon request. This is a rare chance to acquire a well-established, profitable business with significant upside potential. The property's strong cash flow and prime location make it an ideal addition to any investment portfolio. This NNN lease property offers a single tenancy.

Highlights

  • $1,100,000 asking price for this retail property.
  • 3,306 square foot building on a 0.2-acre lot.
  • NNN lease, single tenant, 100% occupancy.
  • $332.73 price per square foot, with an 18.90% cap rate.
  • Built in 1946, one-story building with Commercial and Light Industrial zoning.

Property Details for 3781 High St

Property type
Other retail properties, Retail properties
Square Feet
3,306 SF
Year Built
1946
Stories
1
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Ecorse
County
Wayne
State
Michigan
Latitude
42.2580053
Longitude
-83.1418747
3781 High St, Ecorse, Michigan

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3781 High St
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