Turnkey Auto Body Shop
223-225 Kempton Street #1 and 2 New Bedford, MA 02740
223-225 Kempton Street #1 and 2, New Bedford, MA, 02740
$2,000,000
For Sale
$2,000,000
Turnkey auto body operation with a spray booth, multiple work bays, and included tools and equipment for collision repair.
Property Size9,592 SF
Price / SF$208.51
Days on Market114
Property Features for 223-225 Kempton Street #1 and 2
General Information
- Standard status
- Active
- Size
- 9,592 SF
Building Details
- Year Built
- 1979
Listing agency
Coastal Realty
(508) 990-4280
Listed by
Lori A Nery · License #451501061
Source
Insightrealtygroup
Added: Apr 1 Updated: Jul 22 at 3:06PM Checked: Jul 22 at 3:06PM
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 Coastal Realty
Investment Insights
Based on property information with market context.
Turnkey auto body shop offering full-service collision repair with precision frame straightening and expert automotive painting. The facility is presented as ready to operate, with a spray booth, multiple work bays, and an efficient, compliant layout designed to support workflow. Essential tools, fixtures, and equipment are included with the sale.
The property is positioned on high-visibility Route 6 with steady traffic exposure and quick access to Route 195.
A notable feature is that the offering includes two separate buildings on opposite sides of the street, each individually deeded. The property also provides ample parking to support customer and work activity.
The property is positioned on high-visibility Route 6 with steady traffic exposure and quick access to Route 195.
A notable feature is that the offering includes two separate buildings on opposite sides of the street, each individually deeded. The property also provides ample parking to support customer and work activity.
Key Highlights
- Auto body shop built in 1979 with collision repair, precision frame straightening, and automotive painting
- Fully equipped facility includes a spray booth, multiple work bays, and essential tools, fixtures, and equipment
- Serves insurance‑approved work, including full‑service collision repair and precision frame straightening
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 | $201.4k | $21.00 |
| − Vacancy | −$16.1k | −$1.68 |
| EGI | $185.3k | $19.32 |
| − OpEx | −$55.6k | −$5.80 |
| NOI | $129.7k | $13.52 |
9,592 SF · lease $21.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,722 @ 7.0% cap · market cap 6.49%
Second Best
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,415 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$2.83M
$2.47M – $3.30M
NOI $197,979 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Bob's Sunoco — 1069 Kempton St, New Bedford, MA 02740
- Mid-Cape Tire & Auto Services — 521 North St, New Bedford, MA 02740
- Kelly Tires — 521 North St, New Bedford, MA 02740
- Rockdale Service Center — 835 Rockdale Ave, New Bedford, MA 02740
- Speedee new Bedford — New Bedford, MA 02740
FAQs
What type of property is this?
Auto shop - Turnkey auto body operation with a spray booth, multiple work bays, and included tools and equipment for collision repair.
Where is this auto shop located?
The property is located at 223-225 Kempton Street #1 and 2 New Bedford, MA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Auto body shop built in 1979 with collision repair, precision frame straightening, and automotive painting; Fully equipped facility includes a spray booth, multiple work bays, and essential tools, fixtures, and equipment; Serves insurance‑approved work, including full‑service collision repair and precision frame straightening
