Automotive Retail for Sale

Retail-Commercial for Sale
Catylist Listing ID: 29677769
Property Subtypes: Free-Standing Building, Service Station/Gas Station, Vehicle Related
Building Size (RSF): 2,056 SF
Gross Building Area: See Agent
Gross Land Area: 0.41 Acres
Sale Price: $349,000
Unit Price: $169.75 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2017

Overview / Comments

Property consists of a one-story masonry automotive retail building containing 2,056/sf. There are three bays with three overhead doors (10' x 10'), with a customer waiting area, small shop office & storage area. There are two restrooms but with access from the outside. The building could accommodate a variety of uses. Built in 1954. Three automotive lifts, compressor, waste oil heater to remain for use in "as is" for use condition. There are two central heating systems: waste oil furnace that burns waste oil: newer gas-fired furnace. No central air conditioning. All underground gas tanks have been removed earlier this year.
Present owner is long time tenant who recently purchased the property and is relocating! As per owner it only cost about $25 per month for utilities by using waste oil furnace.
Roof is gable with shingles (+/-8 years old a/p/o).

Attachments & Media

Additional Details

Nearest MSA: Springfield
County: Hampden
Tax ID/APN: 106-002-013
Road Type: Paved
Property Visibility: Excellent
Feet of Frontage: 173
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1954
Roof Type: Gable
Construction/Siding: Other
Exterior Description: Exterior is brick / concrete block / plate glass.
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: +/- 15 - 20 cars
Heat Type: Other
Zoning Description: Business A
Lot Frontage: 125

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,916 108,793 227,110
Median Age: 35.54 36.26 37
Households: 5,923 43,655 87,955


© Copyright New England Commercial Property Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.