Framingham Automotive Repair Shop For
150 Speen Street Framingham, MA 01701
For Sale
$600,000
Established automotive repair shop with loyal customer base and equipment.
Property Size4,800 SF
Price / SF$125
Days on Market96
Property Features for 150 Speen Street
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Business Opportunity
Building Details
- Year Built
- 1991
Listing Agency:
CR Premier Properties
(860) 481-5605
Listed By:
Kerri Mullen · License #RES.0813471
(860) 481-5605
Source:
Liongatere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 26 at 4:33PM
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 CR Premier Properties
Investment Insights
Based on property information with market context.
Located on Speen Street in Framingham, Massachusetts, this automotive shop has been specializing in Subaru and import repair for over 34 years. The shop operates in a leased space of approximately 4,800 square feet. The layout has been refined over decades to maximize efficiency. It features two oversized bay doors, a customer office with a restroom, a front counter, a back office, and an upstairs break room. The parts department is well-stocked with Subaru components, plus a loft for specialty or hard-to-find parts. The shop floor offers generous space with three two-post lifts and ample tool storage. Heating is provided via both refined and waste oil furnaces. The equipment includes stocked parts, jacks, hoists, gas torches, and more. The business holds a used car license (up to 10 vehicles) and two repair plates. This turnkey shop has great reviews and a loyal customer base.
Key Highlights
- Established Automotive Repair Business: Operating successfully for over 34 years with a loyal customer base and great reviews.
- Turnkey Operation: Includes stocked parts, tools, equipment (jacks, hoists, gas torches), and refined shop layout.
- Rare Licensing: Holds a used car license (up to 10 vehicles) and two repair plates.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.2k | $16.08 |
| − Vacancy | −$4.2k | −$0.88 |
| EGI | $72.9k | $15.20 |
| − OpEx | −$21.9k | −$4.56 |
| NOI | $51.1k | $10.64 |
4,800 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$985.6K
$862.4K – $1.15M
NOI $68,990 @ 7.0% cap · market cap 11.50%
Second Best
Industrial
$729.4K
$638.2K – $851.0K
NOI $51,057 @ 7.0% cap · market cap 8.51%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $198,911 @ 7.0% cap · market cap 33.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Prime Supply Co
(Bike/Boat/Book/etc) Store
Cappetta Law Offices
Law Firm
Speen Street Automotive
Auto Repair Shop
Daniel J. Cappetta
Law Firm
Gagarin Law
Law Firm
Similar Off Market Nearby
- BJ's Wholesale Club — 26 Whittier St, Framingham, MA 01701
- BJ's Tire Center — 26 Whittier St, Framingham, MA 01701
- IreneRoad Car Towings LLC — 5 Chrysler Rd, Natick, MA 01760
- Car Spa Center — 1245 Worcester St Level D2, Natick, MA 01760
- IreneRoad Car Towings LLC — 5 Chrysler Rd, Natick, MA 01760
FAQs
What type of property is this?
Auto shop - Established automotive repair shop with loyal customer base and equipment.
Where is this auto shop located?
The property is located at 150 Speen Street Framingham, MA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Established Automotive Repair Business: Operating successfully for over 34 years with a loyal customer base and great reviews.; Turnkey Operation: Includes stocked parts, tools, equipment (jacks, hoists, gas torches), and refined shop layout.; Rare Licensing: Holds a used car license (up to 10 vehicles) and two repair plates.
