Automotive Dealership with Service
32 Schoosett Street Pembroke, MA 02359
32 Schoosett Street, Pembroke, MA, 02359
$3,899,000
For Sale
$3,899,000
Automotive facility with showroom, service shop with six lifts, and large on-site vehicle parking.
Property Size20,000 SF
Lot Size2.30 Acres
Price / SF$194.95
Days on Market199
Property Features for 32 Schoosett Street
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 2.30 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1968
Listing agency
Jacob Realty,LLC
Listed by
Linda Houllahan
(617) 799-5818
Source
Oldeforgerealty
Added: Jan 4 Updated: Jul 21 at 5:35PM Checked: Jul 21 at 5:35PM
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 Jacob Realty,LLC
Investment Insights
Based on property information with market context.
This property is a 20,000-square-foot automotive dealership building on 2.3 acres, configured with a showroom and a large service shop. The service area includes six lifts, a drive-on lift, and a Hunter alignment machine, along with a full car detailing area. Additional improvements include an approx. 5,000-square-foot mezzanine, a conference area, and a new full bath, with a brand-new roof.
The site is described as being on Schoosett St at Rte 139, with access minutes to Rte 3 and 53. The property is zoned Business B and is positioned for excellent visibility and frontage, with parking for over 200 vehicles.
The building is presented as an operating car dealership with automotive sales and service and a stated licensing capacity for the sale of 169 vehicles. The remarks also list potential alternative uses such as oil change, auto glass repair, detailing, and showroom or light industrial uses, as well as office, medical outpatient, retail showroom, fitness/health, and insurance and financial institution uses, subject to applicable approvals.
The site is described as being on Schoosett St at Rte 139, with access minutes to Rte 3 and 53. The property is zoned Business B and is positioned for excellent visibility and frontage, with parking for over 200 vehicles.
The building is presented as an operating car dealership with automotive sales and service and a stated licensing capacity for the sale of 169 vehicles. The remarks also list potential alternative uses such as oil change, auto glass repair, detailing, and showroom or light industrial uses, as well as office, medical outpatient, retail showroom, fitness/health, and insurance and financial institution uses, subject to applicable approvals.
Key Highlights
- 20,000 SF automotive building on 2.3 AC with showroom and service shop layout
- Service shop includes 6 lifts plus drive‑on lift and Hunter alignment machine
- Licensed for sale of 169 vehicles and includes automotive sales and service operations
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 | $480.0k | $24.00 |
| − Vacancy | −$10.6k | −$0.53 |
| EGI | $469.4k | $23.47 |
| − OpEx | −$140.8k | −$7.04 |
| NOI | $328.6k | $16.43 |
20,000 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.69M
$4.11M – $5.48M
NOI $328,608 @ 7.0% cap · market cap 8.43%
Second Best
Industrial
$3.04M
$2.66M – $3.55M
NOI $212,738 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$11.84M
$10.36M – $13.81M
NOI $828,795 @ 7.0% cap · market cap 21.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Joe Mac the car ...
Corporate Office
Celebration Auto Mall
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- King Collision Centers — 38 Schoosett St, Pembroke, MA 02359
- K J's Auto Services — 26 Washington St, Pembroke, MA 02359
- EJ Auto Body & Collision Center — 237 Washington St, Pembroke, MA 02359
- Standish Auto Repair — 237 Washington St, Pembroke, MA 02359
- The Auto Shoppe — 309 Columbia Rd, Hanover, MA 02339
FAQs
What type of property is this?
Auto shop - Automotive facility with showroom, service shop with six lifts, and large on-site vehicle parking.
Where is this auto shop located?
The property is located at 32 Schoosett Street Pembroke, MA.
What is the asking price?
The asking price for this property is $3,899,000.
What are key features of this property?
This property features: 20,000 SF automotive building on 2.3 AC with showroom and service shop layout; Service shop includes 6 lifts plus drive‑on lift and Hunter alignment machine; Licensed for sale of 169 vehicles and includes automotive sales and service operations
