Turnkey Auto Body Repair
298 Village Street Medway, MA 02053
For Sale
$875,000
For sale collision repair facility with a fully equipped shop, real estate, and established business assets.
Property Size2,558 SF
Lot Size0.30 Acres
Price / SF$342.06
Days on Market127
Property Features for 298 Village Street
General Information
Standard status
Active
Size
2,558 SF
Lot size
0.30 Acres
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
DMG Brokerage,LLC
Listed By:
Dan Gardner
(508) 823-9400
Source:
Ballowhutchinsonrealestate
Added: Mar 25
Changed: Jul 26
Last Checked: Jul 29 at 12:13AM
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 DMG Brokerage,LLC
Investment Insights
Based on property information with market context.
This turnkey auto body repair facility is offered for sale with the real estate, established business, equipment, and a client base. The property includes a approximately 2,600 SF building on about 0.297 acres and is being operated as a collision repair shop.
The operation is located at 298 Village Street in Medway, Massachusetts, and has been serving the local community for years. The sale also includes existing customer relationships and insurance relationships, supporting immediate continuity for a qualified buyer.
The shop is described as fully equipped for immediate continued operation, making the property a practical fit for an owner-operator seeking to take over an operating collision repair business or for an expansion plan where continuity matters.
The operation is located at 298 Village Street in Medway, Massachusetts, and has been serving the local community for years. The sale also includes existing customer relationships and insurance relationships, supporting immediate continuity for a qualified buyer.
The shop is described as fully equipped for immediate continued operation, making the property a practical fit for an owner-operator seeking to take over an operating collision repair business or for an expansion plan where continuity matters.
Key Highlights
- Approximately 2,600 SF auto body and collision repair building on 0.297 acres at 298 Village Street in Medway
- Sale includes business, real estate, equipment, and client list for an operational collision repair operation
- Fully equipped shop for immediate continued operation
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 | $63.8k | $24.96 |
| − Vacancy | −$1.7k | −$0.65 |
| EGI | $62.2k | $24.31 |
| − OpEx | −$18.7k | −$7.29 |
| NOI | $43.5k | $17.02 |
2,558 SF · lease $24.96/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$621.9K
$544.1K – $725.5K
NOI $43,531 @ 7.0% cap · market cap 4.97%
Second Best
Industrial
$388.7K
$340.1K – $453.5K
NOI $27,209 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.51M
$1.33M – $1.77M
NOI $106,003 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Hogan Tire & Auto — 85 Main St, Medway, MA 02053
- MCH Cycles — 10 Lincoln St, Medway, MA 02053
- Havens Auto Body Repair — 117 Main St, Medway, MA 02053
- Limerick Collision — 298 Village St, Medway, MA 02053
- Chris' Auto & Truck — 10 Lincoln St, Medway, MA 02053
Frequently Asked Questions
What type of property is this?
Auto shop - For sale collision repair facility with a fully equipped shop, real estate, and established business assets.
Where is this auto shop located?
The property is located at 298 Village Street Medway, MA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Approximately 2,600 SF auto body and collision repair building on 0.297 acres at 298 Village Street in Medway; Sale includes business, real estate, equipment, and client list for an operational collision repair operation; Fully equipped shop for immediate continued operation
