Auto Repair Shop with Vehicle
New
For Sale
$1,400,000
560 River St, Haverhill, MA 01832
The property includes dedicated work areas, vehicle lifts, and a customer reception office.
Property Size4,184 SF
Price / SF$334.61
Days on Market6
Property Features for 560 River St
General Information
Standard status
Active
Size
4,184 SF
Total Parking Spaces
30
Additional Details
Business Included
Yes
Road Access
Yes
Service Bays
3
Amenities
overhead doors
shop areas
office and reception area
pylon sign
Building Details
Year Built
1960
Listing Agency:
Keller Williams Realty
Listed By:
Faulkner Commercial Group
(978) 475-2111
Source:
Susansells
Added: Sep 30
Last Checked: Oct 4 at 2:03PM
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 4,184-square-foot automotive property, built in 1960, combines an auto repair operation with used vehicle sales. The facility has three shop areas served by five overhead doors, along with three vehicle lifts. An office and reception area support customer-facing operations, while parking accommodates 25–30 vehicles. A pylon sign is also on site.
The property has 100 feet of frontage on a primary road in Northern Essex County. The business has operated for over 30 years and is licensed for auto repairs, state inspections, and used vehicle sales. The offering includes business equipment, fixtures, furniture, and transferable licenses.
The property has 100 feet of frontage on a primary road in Northern Essex County. The business has operated for over 30 years and is licensed for auto repairs, state inspections, and used vehicle sales. The offering includes business equipment, fixtures, furniture, and transferable licenses.
Key Highlights
- 4,184‑square‑foot automotive property built in 1960
- Five overhead doors serving three shop areas
- Three vehicle lifts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,745
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,374,900
$1.4M
Cap Rate 7%
$982,071
$982.1K
Cap Rate 9%
$763,833
$763.8K
Market Conditions
NOI Build-Up for 4,184 SF
Gross rent
$100.4K $24.00/SF
− Vacancy
−$2.2K −$0.53/SF
EGI
$98.2K $23.47/SF
− OpEx
−$29.5K −$7.04/SF
NOI
$68.7K $16.43/SF
Area
Essex County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,374,900
Cap Rate 7%
$982,071
Cap Rate 9%
$763,833
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 authorities.
Property Analytics
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Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
8,305 visits/mo
0.2 miles
Demographics for 01832, MA
25,656
Population
10,735
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
90%
High-School Grad
11.4 sq mi
ZIP Area
2,251
Density / Sq Mi
$81,141
Median Household Income
$47,151
Median Earnings
$1,612
Median Rent
$410,300
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
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Similar Off Market Nearby
- BJ's Wholesale Club — 25 Shelley Rd, Haverhill, MA 01835
- Automotive Research And Certification — 34 Rogers Rd, Haverhill, MA 01835
- Used Transmission and Engine Depot — 11 Rogers Rd, Haverhill, MA 01835
- CB Restorations, Inc. — 75 Avco Rd A, Bradford, MA 01835
- Jaffarian Toyota Service — 600 River St, Haverhill, MA 01832
Frequently Asked Questions
What type of property is this?
Auto shop - The property includes dedicated work areas, vehicle lifts, and a customer reception office.
Where is this auto shop located?
The property is located at 560 River St 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: 4,184‑square‑foot automotive property built in 1960; Five overhead doors serving three shop areas; Three vehicle lifts
