461 Communipaw Ave Jersey City, NJ 07304

Listing agency Prominent Properties Sotheby's International Realty Hoboken t***@sothebysrealty.com Show Phone

Listed by Tarek Hassieb · License #NJ 1648869

Source Crexi

Added: Apr 11 Updated: Jul 22 at 8:29AM Checked: Jul 22 at 8:29AM

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Investment Insights

Based on property information with market context.

This for-sale auto repair shop includes the business assets, with all inventory and machines included in the sale. The operation is set up with tire equipment, a motor vehicle inspection machine, alignment machines, and paint booth setups, along with welding materials and a full selection of tires and car parts. The shop features 3 lifts and 3 bays, with over 5,000 square feet of working space.

The property is described as located at a very busy intersection with high traffic counts. A long-term lease is in place until year 2035.

The business is reported to have an estimated annual gross volume of $400,000 with low cost operating expenses of just over $40,000, leaving room for growth based on current operating economics as stated in the remarks.

Key Highlights

• Auto repair/vehicle services business includes all inventory and machines included in the sale
• Includes 3 lifts and 3 bays plus tire machines, motor vehicle inspection machine, alignment machines, and paint booth set‑ups
• Welding materials and a full inventory of tires and car parts are included

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• Ranero's Autobody — 569 Ocean Ave, Jersey City, NJ 07305
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FAQs

What type of property is this?

Auto shop - Auto repair space with multiple lifts and bays, included machines and inventory, and a long-term lease through 2035.

Where is this auto shop located?

The property is located at 461 Communipaw Ave Jersey City, NJ.

What are key features of this property?

This property features: Auto repair/vehicle services business includes all inventory and machines included in the sale; Includes 3 lifts and 3 bays plus tire machines, motor vehicle inspection machine, alignment machines, and paint booth set‑ups; Welding materials and a full inventory of tires and car parts are included