20 Woodland St, Methuen, MA 01844
Turnkey auto body repair shop with real estate for sale.
- Added:
- Apr 24, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 24 at 7:56 pm
Property Features for 20 Woodland St
General Information
- Standard status
- Active
- Size
- 5,600 SF
- Lot size
- 0.71 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agent LeeAnne Trohon (978) 771-8081
Listing office LAER Realty Partners (978) 771-8081
Listing date Apr 24, 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 LAER Realty Partners
HighLights
- Turnkey auto body repair business and real estate offered together for immediate income.
- Fully equipped 5,600± sq ft building with four drive‑in bays, three vehicle lifts, and a professional spray booth.
- Expansive .71‑acre lot with parking for approximately 50 vehicles.
- Excellent accessibility and visibility due to its convenient location with quick access to I‑93, Route 28, and I‑495.
- Well‑established and busy auto body repair shop.
- Includes office/reception area and large open workspace for efficient operations.
Overview
Local Financial Insights For Retail
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 | $134.4k | $24.00 |
| − Vacancy | −$3.0k | −$0.53 |
| EGI | $131.4k | $23.47 |
| − OpEx | −$39.4k | −$7.04 |
| NOI | $92.0k | $16.43 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- V.N.A Towing — 652 Lowell St, Lawrence, MA 01841
- Excel Auto Body LLC — 1020 Riverside Dr, Methuen, MA 01844
- Pro Auto Repair — 1020 Riverside Dr, Methuen, MA 01844
- Harry’s Auto Body — 1030 Riverside Dr, Methuen, MA 01844
- State Inspection Vehicle Check — 576 Haverhill St, Lawrence, MA 01841
Location Insight
- Map
- Local Demand
- City
- Methuen
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.1925614
- Latitude
- 42.7106691