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Established Auto Service Shop For Sale

105 NE 1st Rd Homestead, FL 33030

105 NE 1st Rd, Homestead, FL, 33030

$1,799,999

For Sale

$1,799,999

Mechanic shop for sale with business and real estate.

Property Size4,160 SF

Lot Size0.34 Acres

Price / SF$432.69

AddedMar 10

Days on Market127

Last RefreshJul 2 at 10:44 am

Property Features for 105 NE 1st Rd

General Information

Standard status: Active
Size: 4,160 SF
Lot size: 0.34 Acres
Property subtype: Commercial

Building Details

Year Built: 1976

Listing office The Keyes Company

Listing date Mar 10, 2026

Source Elliman

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 The Keyes Company

Investment Insights

Based on property information with market context.

Tyre’s Auto Service, a mechanic shop, is available for sale near the Downtown Historic District in the City of Homestead. The offering includes both the business and the real estate. The shop has been operating for over 35 years. The property features a 15,000 square foot lot and a 4,160 square foot building designed for automotive service. The building includes 10 open bays with 14-foot clearance, more than 15 parking spaces, and a 250 square foot office with a mezzanine. The property is zoned B-3. This location offers visibility and accessibility, making it suitable for investors or owner-operators seeking an automotive business.

Key Highlights

Established mechanic shop business and real estate for sale.
Prime location near the Downtown Historic District in Homestead.
Turnkey operation with a successful 35+ year history.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$109.8k	$26.40
− Vacancy	−$9.3k	−$2.24
EGI	$100.5k	$24.16
− OpEx	−$30.1k	−$7.25
NOI	$70.3k	$16.91

4,160 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.00M

$879.3K – $1.17M (±1% cap)

NOI $70,342 @ 7.0% cap · market cap 3.91%

Second Best

Industrial

$641.6K

$561.4K – $748.5K (±1% cap)

NOI $44,910 @ 7.0% cap · market cap 2.50%

Theoretical Best

Office A

$2.11M

$1.85M – $2.46M (±1% cap)

NOI $147,738 @ 7.0% cap · market cap 8.21%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Tyre's Auto Service Auto Repair Shop

Suggested Use

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For sale
Auto shops
FL
Homestead
33030
105 NE 1st Rd

What type of property is this?

Auto shop - Mechanic shop for sale with business and real estate.

Where is this auto shop located?

The property is located at 105 NE 1st Rd Homestead, FL.

What is the asking price?

The asking price for this property is $1,799,999.

What are key features of this property?

This property features: Established mechanic shop business and real estate for sale.; Prime location near the Downtown Historic District in Homestead.; Turnkey operation with a successful 35+ year history.