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    347 Wilshire Ave Concord, NC 28025

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    For Sale
    $695,000

    Established auto repair shop with real estate in Concord, North Carolina.

    Property Features for 347 Wilshire Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1979

    Source: LANTERN REALTY & DEVELOPMENT, LLC Agent CHRIS PUCKETT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Auto Repair Shop For Sale

    This turnkey auto repair and service shop is available for purchase in Concord, North Carolina. The business has operated continuously for years, establishing customer relationships and a revenue history. The business currently operates with minimal staffing, creating an opportunity for revenue expansion through additional technicians and extended service hours. The established customer base and location provide a foundation for scaling operations. The current C-2 zoning for the City of Concord also allows for auto sales. The owner is retiring after years of operation. The property and turnkey nature of the business may be attractive for buyers seeking operational income and real estate appreciation potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drye's Garage Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Alchemy Auto Works, CTR Automotive Concord, Concord Diesel, Bammann Racing Engines, Precision Maintenance and Towing, LLC

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5805935
    Latitude
    35.3846912

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    FAQs

    What type of property is this?
    Auto shop - Established auto repair shop with real estate in Concord, North Carolina.
    Where is this auto shop located?
    The property is located at 347 Wilshire Ave Concord, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Established auto repair business with documented customer relationships and proven revenue history.; - Includes real estate ownership in addition to the business.; - Turnkey operation ready for immediate takeover.
    (704) 298-0087
    Request Owner's contact information
    347 Wilshire Ave Concord, NC 28025
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    Concord, NC 28025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    347 Wilshire Ave Concord, NC 28025
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