Turnkey Marine Engine Service
2640 Avenue of the Americas Englewood, FL 34224
For Sale
Contact for pricing
Turnkey purchase includes land, buildings, inventory, and active dealerships for a long-running marine engine service operation.
Property Size5,900 SF
Price / SF$576.27
Days on Market52
Property Features for 2640 Avenue of the Americas
General Information
- Standard status
- Active
- Size
- 5,900 SF
- Property subtype
- Retail, Land, Business for Sale
Building Details
- Year Built
- 1989
Listing Agency:
Coldwell Banker Venice
Listed By:
Warren Nightingale · License #SL3466977
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Jul 23 at 11:13AM
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 Coldwell Banker Venice
Investment Insights
Based on property information with market context.
This for-sale offering presents a long-established marine engine and service business presented as turnkey. The sale is described as including the underlying land and buildings, along with inventory and active dealerships, designed to support an immediate transition for a qualified buyer. The seller also indicates it will provide hands-on training to help facilitate continuity during the changeover. The business is characterized in the remarks as having operated for more than four decades and built on an established customer base and reputation.
The property is located at 2640 Avenue of the Americas in Englewood, Florida. Because the offering includes both real estate and the operating components of the business, it is structured for buyers seeking an integrated platform rather than a standalone business listing.
For operators and investors looking for a marine-focused service and dealership platform, the inclusion of land, buildings, inventory, and active dealerships is intended to reduce the need to build from scratch. Prospective buyers can evaluate fit based on the documented turnkey package and the stated availability of training from the seller to support a smooth initial operating period.
The property is located at 2640 Avenue of the Americas in Englewood, Florida. Because the offering includes both real estate and the operating components of the business, it is structured for buyers seeking an integrated platform rather than a standalone business listing.
For operators and investors looking for a marine-focused service and dealership platform, the inclusion of land, buildings, inventory, and active dealerships is intended to reduce the need to build from scratch. Prospective buyers can evaluate fit based on the documented turnkey package and the stated availability of training from the seller to support a smooth initial operating period.
Key Highlights
- Long‑running marine engine and service business available for the first time in over four decades
- Seller‑included turnkey package: land, buildings, inventory, and active dealerships
- Business includes hands‑on training from the seller for a seamless transition
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 | $155.1k | $26.28 |
| − Vacancy | −$5.1k | −$0.87 |
| EGI | $149.9k | $25.41 |
| − OpEx | −$45.0k | −$7.62 |
| NOI | $105.0k | $17.79 |
5,900 SF · lease $26.28/SF/yr · vacancy 3.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.50M
$1.31M – $1.75M
NOI $104,955 @ 7.0% cap · market cap 3.09%
Second Best
Industrial
$651.4K
$569.9K – $759.9K
NOI $45,595 @ 7.0% cap · market cap 1.34%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,228 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Coastal Automotive Services (a division of ESC, llc) — 3175 placida rd, englewood, fl 34224
- Superior Auto Care — 3175 Placida Rd, Englewood, FL 34224
- Englewood RV — 2960 10th St, Englewood, FL 34224
- Prestige Auto Center — 3225 Placida Rd, Englewood, FL 34224
- Coastal Automotive / Englewood Automotive — 3175 Placida Rd, Englewood, FL 34224
FAQs
What type of property is this?
Auto shop - Turnkey purchase includes land, buildings, inventory, and active dealerships for a long-running marine engine service operation.
Where is this auto shop located?
The property is located at 2640 Avenue of the Americas Englewood, FL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Long‑running marine engine and service business available for the first time in over four decades; Seller‑included turnkey package: land, buildings, inventory, and active dealerships; Business includes hands‑on training from the seller for a seamless transition
