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Auto Repair Garage and Sales Office
For Sale
Contact for pricing
Pending

30 Summer St, Lunenburg, MA 01462

Improved auto repair garage with sales office on a paved, flat site.

Property Size4,200 SF
Lot Size1.27 Acres
Days on Market537

Property Features for 30 Summer St

General Information

Standard status Pending
Size 4,200 SF
Lot size 1.27 Acres
Property subtype RETAIL

Financials

Asking Price $1,400,000
Business Included Yes

Site & Location

Traffic Count 16,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Listing Agency: NAI Glickman Kovago & Jacobs
Listed By: Tim Whittredge · License #9562752-RE-S
Source: Moodyscre
Added: May 13, 2025 Changed: Oct 25 Last Checked: Oct 30 at 3:59PM

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 NAI Glickman Kovago & Jacobs

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This auto shop property is improved with a 4,200 SF repair garage plus a sales office. The site is a 1.27-acre, flat paved parcel, currently supporting an operation with 100+ licenses on site.

The property is located right off the intersection of Summer St and John Fitch Highway on the Lunenburg/Fitchburg border, with an AADT of 16,000 cars per day.

The existing garage and office layout can support vehicle-related uses, with redevelopment also possible for appropriate retail concepts.

Key Highlights

  • 1.27‑acre flat paved site
  • 4,200 SF repair garage and sales office
  • 100+ licenses on site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,107
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,242,140 $1.2M
Cap Rate 7%
$887,243 $887.2K
Cap Rate 9%
$690,078 $690.1K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$90.7K $21.60/SF
− Vacancy
−$2.0K −$0.48/SF
EGI
$88.7K $21.12/SF
− OpEx
−$26.6K −$6.34/SF
NOI
$62.1K $14.79/SF
Area
Worcester County, MA
Vacancy
2.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,242,140
Cap Rate 7%
$887,243
Cap Rate 9%
$690,078

Alternative Uses

Best Use
Retail
$887.2K
$776.3K – $1.04M (±1% cap)
NOI $62,107 @ 7.0% cap · market cap 4.44%
Second Best
Industrial
$547.7K
$479.3K – $639.0K (±1% cap)
NOI $38,341 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,397 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Daewoo North Car Dealership

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy HVAC Service Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 18% Home Improvements & Furnishings 12% Electronics 7%
Dunkin' Donuts Dining
11,757 visits/mo 0.3 miles
Ninety Nine Restaurants Dining
9,985 visits/mo 0.4 miles
Gourmet Donuts Dining
5,144 visits/mo 0.4 miles
Rocky's Ace Hardware Home Improvements & Furnishings
4,959 visits/mo 0.2 miles
TD Bank Shops & Services
4,829 visits/mo 0.1 miles

Demographics for 01462, MA

11,818
Population
4,711
Households
2.5
Avg Household Size
44
Median Age
45%
College-Educated
94%
High-School Grad
26.6 sq mi
ZIP Area
444
Density / Sq Mi
$109,884
Median Household Income
$58,844
Median Earnings
$1,784
Median Rent
$442,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • A&P Auto Inc — 1298 Water St, Fitchburg, MA 01420
  • JB EXPRESS INC AUTO TRUCK REPAIR — 79 Benson St, Fitchburg, MA 01420
  • M&M Nario Autobody — 69 Benson St, Fitchburg, MA 01420
  • Crawford Street Collision — 245 Crawford St, Fitchburg, MA 01420
  • R Ts Auto Center — 101 Airport Rd, Fitchburg, MA 01420

Frequently Asked Questions

What type of property is this?
Auto shop - Improved auto repair garage with sales office on a paved, flat site.
Where is this auto shop located?
The property is located at 30 Summer St Lunenburg, MA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 1.27‑acre flat paved site; 4,200 SF repair garage and sales office; 100+ licenses on site
(774) 239-1900 · Office Call to check price and availability
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