Auto Repair and Used Car
560 River Street Haverhill, MA 01832
560 River Street, Haverhill, MA, 01832
$1,400,000
For Sale
$1,400,000
Auto repair and used vehicle sales facility with five overhead doors, three lifts, office area, and parking for 25–30 vehicles.
Property Size4,184 SF
Price / SF$334.61
Days on Market108
Property Features for 560 River Street
General Information
- Standard status
- Active
- Size
- 4,184 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing agency
Keller Williams Realty
Listed by
Faulkner Commercial Group
(617) 396-3100
Source
Longwoodresidential
Added: Apr 6 Updated: Jul 21 at 11:57PM Checked: Jul 21 at 11:57PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This property is offered for sale as both real estate and operating assets of a long-running auto repair and used car sales business. It is described as fully licensed for auto repairs, state inspections, and used vehicle sales, with the sale including business assets and transferable licenses. The facility layout includes three shop areas served by five overhead doors, three lifts, and a professional office and reception area.
The site is described as having approximately 100 feet of frontage on a high-visibility primary road, along with a large pylon sign. Parking is described as ample for 25–30 vehicles.
The offering is presented as turnkey, including equipment, fixtures, furniture, and transferable licenses, with additional financial details available after execution of an NDA.
The site is described as having approximately 100 feet of frontage on a high-visibility primary road, along with a large pylon sign. Parking is described as ample for 25–30 vehicles.
The offering is presented as turnkey, including equipment, fixtures, furniture, and transferable licenses, with additional financial details available after execution of an NDA.
Key Highlights
- Auto repair and used vehicle sales facility built in 1960 with fully licensed operations for repairs, state inspections, and used vehicle sales
- 100 feet of frontage on a high‑visibility primary road with a large pylon sign for exposure
- Five overhead doors serving three shop areas, plus three lifts for vehicle 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 | $100.4k | $24.00 |
| − Vacancy | −$2.2k | −$0.53 |
| EGI | $98.2k | $23.47 |
| − OpEx | −$29.5k | −$7.04 |
| NOI | $68.7k | $16.43 |
4,184 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$982.1K
$859.3K – $1.15M
NOI $68,745 @ 7.0% cap · market cap 4.91%
Second Best
Industrial
$635.8K
$556.3K – $741.8K
NOI $44,505 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,384 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Riverside Garage Inc.
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- Automotive Research And Certification — 34 Rogers Rd, Haverhill, MA 01835
- Jaffarian Toyota Service — 600 River St, Haverhill, MA 01832
- CB Restorations, Inc. — 75 Avco Rd A, Bradford, MA 01835
- BJ's Wholesale Club — 25 Shelley Rd, Haverhill, MA 01835
- Used Transmission and Engine Depot — 11 Rogers Rd, Haverhill, MA 01835
FAQs
What type of property is this?
Auto shop - Auto repair and used vehicle sales facility with five overhead doors, three lifts, office area, and parking for 25–30 vehicles.
Where is this auto shop located?
The property is located at 560 River Street Haverhill, 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: Auto repair and used vehicle sales facility built in 1960 with fully licensed operations for repairs, state inspections, and used vehicle sales; 100 feet of frontage on a high‑visibility primary road with a large pylon sign for exposure; Five overhead doors serving three shop areas, plus three lifts for vehicle service operations
