Automotive Retail Building for Sale

Retail-Commercial for Sale
Catylist Listing ID: 29978916
Property Subtypes: Free-Standing Building, Vehicle Related
Building Size (RSF): 4,606 SF
Gross Land Area: 0.23 Acres
Sale Price: $289,900
Unit Price: $62.94 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Last Updated: 7/24/2017

Overview / Comments

Property consists of a one-story masonry automotive retail building containing 4,606sf. There are four bays with three overhead doors (10' x 10'), with a customer waiting area, small shop office & storage areas. There are two rest rooms. New lighting installed 2013 and most of the ceiling has been insulated.
Oil fired furnace installed 2003 (a/p/o) & older waste oil furnace (needs refurbishing). Tenant side has newer gas heater (installed 2012). Wall mounted a/c in building. There are two curb cuts.
The site is located close to the "X" one of the mostly densely populated areas of the city. Has high average daily traffic count and good visibility just off Dickinson Street.
Underground gas tank which was removed +/- 20 years ago. There are two above ground lifts.
Property has excellent exposure and access & could be renovated / remodeled for a variety of retail or office uses to take advantage of high traffic volume & population. Been owned by same owner / family for past 30 years.
2,000sf currently leased at $950/month + heat (taw).
Some owner financing available to qualified buyer.

Additional Details

Nearest MSA: Springfield
County: Hampden
Zoning: BUSINESS A
Property Visibility: Excellent
Largest Nearby Street: Dickinson Street
Feet of Frontage: 100
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Concrete
Total Parking Spaces: 12
Parking Type: Surface
Heat Type: Natural Gas, Oil
Zoning Description: Business A
Lot Frontage: 100
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,317 127,364 246,589
Median Age: 32.67 34.55 36.51
Households: 8,917 46,891 92,483

Source

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