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Turnkey Mechanic Shop Opportunity
For Sale
$1,850,000

141 Lincoln Boulevard, Middlesex, NJ 08846

Fully operating mechanic shop with property and established business for sale.

Property Size3,813 SF
Lot Size0.50 Acres
Price / SF$485.18
Days on Market225

Property Features for 141 Lincoln Boulevard

General Information

Standard status Active
Size 3,813 SF
Lot size 0.50 Acres

Building Details

Year Built 1960
Listing Agency: LPT Realty, LLC
Listed By: Joseph B Bograd · License #AB066484
Source: Soldbypattie
Added: Mar 5 Changed: Oct 3 Last Checked: Oct 7 at 1:33PM

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 LPT Realty, LLC

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Investment Insights

Based on property information with market context.

This is an exceptional opportunity to own a fully operating mechanic shop in a prime Middlesex location. The offering includes both the property and the established business, situated on a highly visible half-acre corner lot with ample parking and excellent accessibility. The building offers approximately 3,900 square feet and was extensively renovated in 2022 with updates including new electrical and plumbing systems, new windows, and two newly constructed bathrooms. The layout is functional and efficient, featuring a welcoming front desk reception area and private office space. The shop area is equipped with six overhead doors and five service bays. Heating and air conditioning service the shop area. Above the shop is additional finished space currently used as a recreation room, offering flexibility for office expansion, storage, or employee use. The site offers parking for approximately 100 vehicles. The sale also includes a comprehensive list of professional-grade equipment, including four rotary lifts, an extended Hunter alignment scissor lift, a Hunter Hawk Eye Elite alignment machine, Hunter tire machine, Snap-on wheel balancer, Matco transmission jack, engine hoist, MIG welder, full welding set, four jack stands, and six floor jacks. A rare NJ State Inspection machine is included. Additional features include an Ingersoll 150-gallon shop air compressor, two bulk oil tanks, one waste oil tank, four overhead oil dispensing reels, a new 134a and 123yf air conditioning machine, custom-built vehicle exhaust fan system, new LED shop lighting, two heavy-duty commercial shop vacuum cleaners, and four heavy-duty shop benches. The shop includes a separate owner’s office with a new bathroom and is equipped with a full security and camera system along with updated phone and high-speed IPS internet service.

Key Highlights

  • Turnkey mechanic shop with established business, property, and extensive professional‑grade equipment included in sale.
  • Prime, highly visible half‑acre corner lot in Middlesex location with parking for approximately 100 vehicles.
  • Extensively renovated 3,900 sq ft building (2022) with new electrical, plumbing, windows, and two bathrooms.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,424
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,088,480 $1.1M
Cap Rate 7%
$777,486 $777.5K
Cap Rate 9%
$604,711 $604.7K
Market Conditions
NOI Build-Up for 3,813 SF
Gross rent
$82.4K $21.60/SF
− Vacancy
−$4.6K −$1.21/SF
EGI
$77.7K $20.39/SF
− OpEx
−$23.3K −$6.12/SF
NOI
$54.4K $14.27/SF
Area
Middlesex County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,088,480
Cap Rate 7%
$777,486
Cap Rate 9%
$604,711

Alternative Uses

Best Use
Retail
$777.5K
$680.3K – $907.1K (±1% cap)
NOI $54,424 @ 7.0% cap · market cap 2.94%
Second Best
Industrial
$611.4K
$535.0K – $713.3K (±1% cap)
NOI $42,798 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$995.7K
$871.2K – $1.16M (±1% cap)
NOI $69,696 @ 7.0% cap · market cap 3.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Auto Shop Of Middlesex Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic Catering Service Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

627
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 68% Shops & Services 19% Dining 13%
SuperFresh Middlesex Groceries
16,370 visits/mo 0.5 miles
7-Eleven Shops & Services
4,527 visits/mo 0.1 miles
Pizza Pub Dining
2,192 visits/mo 0.3 miles
Krispy Krunchy Chicken Dining
832 visits/mo 0.1 miles

Demographics for 08846, NJ

14,636
Population
5,703
Households
2.6
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
3.5 sq mi
ZIP Area
4,182
Density / Sq Mi
$107,063
Median Household Income
$58,140
Median Earnings
$1,493
Median Rent
$414,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Johnny's Auto Painting & Bodyworks Inc. — 119 Main St, South Bound Brook, NJ 08880
  • Bargain Auto & Truck Repairs — 40 Main St, South Bound Brook, NJ 08880
  • M & J Services Center — 145 River Rd, Middlesex, NJ 08846
  • On The Way Auto — 111 Canal Rd, South Bound Brook, NJ 08880
  • A&J Auto Repair & Tire Service — Bound Brook, NJ 08805

Frequently Asked Questions

What type of property is this?
Auto shop - Fully operating mechanic shop with property and established business for sale.
Where is this auto shop located?
The property is located at 141 Lincoln Boulevard Middlesex, NJ.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Turnkey mechanic shop with established business, property, and extensive professional‑grade equipment included in sale.; Prime, highly visible half‑acre corner lot in Middlesex location with parking for approximately 100 vehicles.; Extensively renovated 3,900 sq ft building (2022) with new electrical, plumbing, windows, and two bathrooms.
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