Mechanic Shop with Car
701 E Main St El Dorado, AR 71730
701 E Main St, El Dorado, AR, 71730
$189,000
For Sale
$189,000
Heated and cooled shop with office, bathroom, multiple service bays, and an installed two-post car lift.
Property Size1,374 SF
Lot Size0.47 Acres
Price / SF$137.55
Days on Market93
Property Features for 701 E Main St
General Information
- Standard status
- Active
- Size
- 1,374 SF
- Lot size
- 0.47 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1964
Listing agency
Southern Realty Group
(870) 310-3100
Listed by
Cynthia Meadows
(870) 310-3100
Source
Proeliterealty
Added: Apr 21 Updated: Jul 22 at 6:15PM Checked: Jul 22 at 6:15PM
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 Southern Realty Group
Investment Insights
Based on property information with market context.
This automotive property is currently configured as a mechanic shop with office area, bathroom, and multiple service bays within a heated and cooled building. A two-post car lift is already in place to support service and repair operations immediately.
The property includes a larger outdoor lot for vehicle parking, inventory display, or equipment storage. The site is located on East Main, providing convenient access for customers, deliveries, and daily business activity.
With its existing shop layout and service-bay improvements, the property is designed for an owner-operator or service-focused use seeking a ready-to-run automotive workspace.
The property includes a larger outdoor lot for vehicle parking, inventory display, or equipment storage. The site is located on East Main, providing convenient access for customers, deliveries, and daily business activity.
With its existing shop layout and service-bay improvements, the property is designed for an owner-operator or service-focused use seeking a ready-to-run automotive workspace.
Key Highlights
- 1,374 SF heated and cooled shop space with office area and bathroom
- Previously operated as a mechanic shop and car lot, with multiple service bays
- Two‑post car lift already installed for automotive and 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 | $16.5k | $12.00 |
| − Vacancy | −$989 | −$0.72 |
| EGI | $15.5k | $11.28 |
| − OpEx | −$4.6k | −$3.38 |
| NOI | $10.8k | $7.90 |
1,374 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$155.0K
$135.6K – $180.8K
NOI $10,849 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$78.5K
$68.7K – $91.6K
NOI $5,494 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$251.3K
$219.9K – $293.2K
NOI $17,589 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mallard Motors
Car Dealership
Similar For Sale Nearby
Similar Off Market Nearby
- El Dorado Tire — El Dorado, AR 71730
- Kelley's Automotive & Wrecker — 819 W Hillsboro St, El Dorado, AR 71730
- Dumas & West Auto Machine Works — 820 Robert E Lee St, El Dorado, AR 71730
- Karl Malone Toyota of El Dorado Service — 1830 W Hillsboro St, El Dorado, AR 71730
- RNR Tire Express — 1113 W Hillsboro St, El Dorado, AR 71730
FAQs
What type of property is this?
Auto shop - Heated and cooled shop with office, bathroom, multiple service bays, and an installed two-post car lift.
Where is this auto shop located?
The property is located at 701 E Main St El Dorado, AR.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 1,374 SF heated and cooled shop space with office area and bathroom; Previously operated as a mechanic shop and car lot, with multiple service bays; Two‑post car lift already installed for automotive and service operations
