Automotive Garage and Parking
575 State Rd Westport, MA 02790
New
For Sale
$599,000
Two-bay, pitless garage with a finished parking area on a multi-vehicle commercial site in Westport.
Property Size1,134 SF
Lot Size2.30 Acres
Price / SF$528.22
Days on Market5
Property Features for 575 State Rd
General Information
- Standard status
- Active
- Size
- 1,134 SF
- Lot size
- 2.30 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency:
Coastal Realty
(413) 626-1655
Listed By:
Noble Vincent
(413) 626-1655
Source:
Lockandkeyre
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 26 at 8:24PM
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 Coastal Realty
Investment Insights
Based on property information with market context.
Located at 575 State Rd in Westport, MA, this 2.3-acre commercial property is set up for automotive and other multi-vehicle operations. The site includes a finished parking area and a well-maintained two-bay, pitless garage, supporting on-site servicing and day-to-day vehicle activity.
The property is positioned on busy Route 6, with ample on-site parking and visibility intended to support customer access and operational convenience. Its acreage provides flexibility to reimagine or expand the site for additional buildings or other commercial uses, subject to applicable approvals.
For buyers seeking an existing, functional automotive-oriented layout with room to grow, this property combines established site improvements with the land area needed for future development options.
The property is positioned on busy Route 6, with ample on-site parking and visibility intended to support customer access and operational convenience. Its acreage provides flexibility to reimagine or expand the site for additional buildings or other commercial uses, subject to applicable approvals.
For buyers seeking an existing, functional automotive-oriented layout with room to grow, this property combines established site improvements with the land area needed for future development options.
Key Highlights
- 2.3‑acre commercial site on busy Route 6 with finished parking for vehicles and business use
- Two‑bay, pitless garage on‑site, well‑maintained and set up for automotive- and multi‑vehicle operations
- Built in 1950, providing existing garage infrastructure for commercial and service uses
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 | $34.0k | $30.00 |
| − Vacancy | −$748 | −$0.66 |
| EGI | $33.3k | $29.34 |
| − OpEx | −$10.0k | −$8.80 |
| NOI | $23.3k | $20.54 |
1,134 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$332.7K
$291.1K – $388.2K
NOI $23,290 @ 7.0% cap · market cap 3.89%
Second Best
Industrial
$158.5K
$138.7K – $185.0K
NOI $11,097 @ 7.0% cap · market cap 1.85%
Theoretical Best
Office A
$690.6K
$604.3K – $805.7K
NOI $48,341 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- National Glass Co — 2 Celtic Dr, Westport, MA 02790, United States
- Westport Tire Inc. — 718 State Rd, Westport, MA 02790
- Lou's Custom Exhaust Auto Muffler Brake — 727 State Rd, Westport, MA 02790
- Midtown Motorsports Inc. — 757 State Rd, Westport, MA 02790
- Rogers Automotive — 712 State Rd, Westport, MA 02790
FAQs
What type of property is this?
Auto shop - Two-bay, pitless garage with a finished parking area on a multi-vehicle commercial site in Westport.
Where is this auto shop located?
The property is located at 575 State Rd Westport, MA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2.3‑acre commercial site on busy Route 6 with finished parking for vehicles and business use; Two‑bay, pitless garage on‑site, well‑maintained and set up for automotive- and multi‑vehicle operations; Built in 1950, providing existing garage infrastructure for commercial and service uses
