Turnkey Auto Body Repair
298 Village Street Medway Medway, MA 02053
298 Village Street Medway, Medway, MA, 02053
$895,000
For Sale
$895,000
Fully operational, turnkey collision repair property offered with real estate, equipment, and an established customer base.
Property Size2,558 SF
Lot Size0.30 Acres
Price / SF$349.88
Days on Market49
Property Features for 298 Village Street Medway
General Information
- Standard status
- Active
- Size
- 2,558 SF
- Lot size
- 0.30 Acres
Building Details
- Year Built
- 1930
Listing Agency
(508) 501-1443
Listed by
Alyson Roslonek
(508) 501-1443
Source
Milestonerealtyinc
Added: Jun 3 Updated: Jul 10 at 1:48 pm Checked: Jul 20 at 2:09 am
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 Alyson Roslonek
Investment Insights
Based on property information with market context.
This turnkey offering includes the real estate, an established auto body and collision repair business, equipment, and a client list. The property is set up for immediate continued operation as a collision repair shop, with the included equipment supporting day-to-day repairs without the need to assemble or retrofit a workflow from scratch. The building is approximately 2,600 SF, positioned on about 0.297 acres.
Located at 298 Village Street in Medway, the site has been home to a long-standing collision repair operation serving the local community for years. The package is designed for continuity, with existing insurance relationships and an established customer base included as part of the sale.
This is a strong fit for an owner-operator who wants to step into an operating collision repair business, or for an existing operator looking to expand with a turnkey shop and accompanying assets. Because the sale includes the business, equipment, and client base alongside the property, it supports a straightforward transition for a qualified buyer prepared to continue the established collision repair service. All details should be confirmed during due diligence.
Located at 298 Village Street in Medway, the site has been home to a long-standing collision repair operation serving the local community for years. The package is designed for continuity, with existing insurance relationships and an established customer base included as part of the sale.
This is a strong fit for an owner-operator who wants to step into an operating collision repair business, or for an existing operator looking to expand with a turnkey shop and accompanying assets. Because the sale includes the business, equipment, and client base alongside the property, it supports a straightforward transition for a qualified buyer prepared to continue the established collision repair service. All details should be confirmed during due diligence.
Key Highlights
- Fully operational auto body/collision repair facility at 298 Village Street, Medway
- Approximately 2,600 SF building on 0.297 acres (Year built: 1930)
- Sale includes business, real estate, equipment, and an established customer/client list
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 | $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 4.86%
Second Best
Industrial
$388.7K
$340.1K – $453.5K
NOI $27,209 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$1.51M
$1.33M – $1.77M
NOI $106,003 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Limerick Collision
Auto Repair Shop
Similar For Sale Nearby
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
FAQs
What type of property is this?
Auto shop - Fully operational, turnkey collision repair property offered with real estate, equipment, and an established customer base.
Where is this auto shop located?
The property is located at 298 Village Street Medway Medway, MA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Fully operational auto body/collision repair facility at 298 Village Street, Medway; Approximately 2,600 SF building on 0.297 acres (Year built: 1930); Sale includes business, real estate, equipment, and an established customer/client list
