Thriving Auto Repair Business, Real Estate Included
Property size:
7,215 SF
Description
Added:
Feb 3, 2025
Days on Market:
340
This turnkey commercial property in Sandusky, Ohio presents a fantastic investment opportunity. The sale includes the real estate, business, and equipment of a well-established transmission repair shop. The main building, constructed in 1997, is a 7,215 square foot, single-story metal building with a loft, featuring a metal roof. This building boasts a security system, waiting area, office, break room, two bathrooms, four automotive lifts, five overhead doors, a waste oil heater with a gas backup, extensive toolboxes, inventory, and 220-volt electrical service. An additional 2-story, 60x32 foot block building provides storage and warehouse space, including two small offices, a bathroom, two lifts, a basement, 220-volt electric, and recently updated gutters and downspouts. The property sits on a 0.43-acre lot with ample parking for approximately 25 vehicles. Two additional lots, totaling 30x132 feet, are also included, providing extra parking potential on Seavers Way. While the transmissions within the block building are not included in the sale price, they are available for separate purchase. This established business enjoys a strong customer base and is ready for a new owner to continue its success. The property's features and location make it an ideal investment for a savvy entrepreneur seeking a profitable, established business with significant assets.
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1716 Camp St Sandusky, OH 44870
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Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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1716 Camp St Sandusky, OH 44870
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1716 Camp St, Sandusky, OH
Jim Ashton
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1716 Camp St, Sandusky, OH
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1716 Camp St, Sandusky, OH
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1716 Camp St, Sandusky, OH
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