Auto Shop with Towing
For Sale
Contact for pricing
1010 Colorado Ave, Lorain, OH 44052
Operating automotive property combining repair services, vehicle sales, towing, and an on-site single-family residence.
Property SizeContact for details
Days on Market142
Property Features for 1010 Colorado Ave
General Information
Standard status
Active
Property subtype
Retail, Mixed Use
Additional Details
Business Included
Yes
Listing Agency:
Ross Realty Group Inc
Listed By:
ANTHONY ROSS · License #OH 2020001697
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:29AM
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 Ross Realty Group Inc
Investment Insights
Based on property information with market context.
This Lorain property combines an automotive repair operation with vehicle sales and towing businesses, along with a single-family house on the premises. The sale includes the real estate, auto sales license, towing business, and associated operating components.
Shop equipment includes two 2012 F650 tow trucks, a paint booth with mixing bank, a recently added air compressor, an alignment machine, four pull lifts, a tire changer with balancer, and four additional lifts. Existing repair work includes contracts involving Caravan, local school buses, and post office vehicles.
The current owner is expected to remain involved for 6 months following the sale, providing a defined transition period for the incoming operator.
Shop equipment includes two 2012 F650 tow trucks, a paint booth with mixing bank, a recently added air compressor, an alignment machine, four pull lifts, a tire changer with balancer, and four additional lifts. Existing repair work includes contracts involving Caravan, local school buses, and post office vehicles.
The current owner is expected to remain involved for 6 months following the sale, providing a defined transition period for the incoming operator.
Key Highlights
- Automotive repair, auto sales, and towing businesses included with the real estate
- Two 2012 F650 tow trucks convey with the sale
- Paint booth with mixing bank and new shop air compressor
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
41k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
McDonald's
Dining
21,014 visits/mo
0.3 miles
Wendy's
Dining
11,580 visits/mo
0.2 miles
Taco Bell
Dining
8,771 visits/mo
0.2 miles
Demographics for 44052, OH
29,249
Population
13,673
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
83%
High-School Grad
9.5 sq mi
ZIP Area
3,079
Density / Sq Mi
$42,298
Median Household Income
$31,985
Median Earnings
$840
Median Rent
$104,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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- Imports and Performance — 1407 Broadway, Lorain, OH 44052
- R & E Auto Repair — 1405 Broadway, Lorain, OH 44052
- Poncho's Auto Services — 1415 Broadway, Lorain, OH 44052
Frequently Asked Questions
What type of property is this?
Auto shop - Operating automotive property combining repair services, vehicle sales, towing, and an on-site single-family residence.
Where is this auto shop located?
The property is located at 1010 Colorado Ave Lorain, OH.
What are key features of this property?
This property features: Automotive repair, auto sales, and towing businesses included with the real estate; Two 2012 F650 tow trucks convey with the sale; Paint booth with mixing bank and new shop air compressor
