Building Details

Year Built 1894

Buildings 1

Listing Agency: BHHS Koehler Realty

Listed By: James Koehler (jck2@aol.com)

Source: Harmonyrealtygroupllc

Added: Sep 1 Changed: Oct 1 Last Checked: Oct 23 at 6:10AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Koehler Realty

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Investment Insights

Based on property information with market context.

This automotive repair facility includes a 5,600-square-foot commercial building configured with four service bays and three vehicle lifts. The lift package consists of one four-post unit and two two-post units. Included equipment includes a Hunter alignment machine, Snap-on Zeus diagnostic scanner, Snap-on tire changer, Snap-on A/C service machine, Coats wheel balancer, Huth tubing bender, and Yale tow motor. The operating business, inventory, and equipment are included, supporting continued automotive repair and maintenance operations.

The property at 101 E Main St in Wayne, Ohio, was built in 1894 and includes a rented two-bedroom apartment that provides an additional income stream. The business has operated at the property since 1999 and is currently run by the owner and one employee. The owner is willing to provide transition training and support.

Key Highlights

• 5,600‑square‑foot commercial facility with four service bays
• Three vehicle lifts: one four‑post and two two‑post
• Includes Hunter alignment machine and Snap‑on diagnostic equipment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,597

Cap Rate

5.32%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$691,940 $691.9K

Cap Rate 7%

$494,243 $494.2K

Cap Rate 9%

$384,411 $384.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,600 SF

Gross rent

$53.1K $9.48/SF

− Vacancy

−$3.7K −$0.65/SF

EGI

$49.4K $8.83/SF

− OpEx

−$14.8K −$2.65/SF

NOI

$34.6K $6.18/SF

Area

Wood County, OH

Vacancy

6.90%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$691,940

Cap Rate 7%

$494,243

Cap Rate 9%

$384,411

Alternative Uses

Best Use

Industrial

$494.2K

$432.5K – $576.6K (±1% cap)

NOI $34,597 @ 7.0% cap · market cap 5.32%

Second Best

Retail

$316.1K

$276.6K – $368.8K (±1% cap)

NOI $22,128 @ 7.0% cap · market cap 3.40%

Theoretical Best

Office A

$1.30M

$1.14M – $1.52M (±1% cap)

NOI $91,306 @ 7.0% cap · market cap 14.05%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

A-Tech Automotive (Bike/Boat/Book/etc) Store United States Postal ... Post Office

Suggested Use

Top Pick HVAC Service Auto Parts Store Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Service bays

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

37

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 43466, OH

2,141

Population

914

Households

2.3

Avg Household Size

40

Median Age

15%

College-Educated

97%

High-School Grad

28.3 sq mi

ZIP Area

76

Density / Sq Mi

$84,514

Median Household Income

$42,963

Median Earnings

$1,091

Median Rent

$166,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar Off Market Nearby

• A-Tech Automotive — 101 E Main St, Wayne, OH 43466

Frequently Asked Questions

What type of property is this?

Auto shop - Operating repair facility with specialized equipment, multiple lifts, and an additional rented apartment.

Where is this auto shop located?

The property is located at 101 E Main St Wayne, OH.

What is the asking price?

The asking price for this property is $649,900.

What are key features of this property?

This property features: 5,600‑square‑foot commercial facility with four service bays; Three vehicle lifts: one four‑post and two two‑post; Includes Hunter alignment machine and Snap‑on diagnostic equipment