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Established Auto Repair Business For Sale
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5 North Line Road, Edgartown, MA 02539

Profitable auto repair shop with real estate opportunity.

Property Size3,600 SF
Lot Size1.19 Acres
Price / SF$222.22
Days on Market1120

Property Features for 5 North Line Road

General Information

Standard status Active
Size 3,600 SF
Lot size 1.19 Acres
Property subtype Business for Sale, Industrial
Zoning Business III (B III)
Lease Type Modified Gross

Building Details

Year Built 1997
Year Renovated 2001
Buildings 1
Stories 2
Tenancy Single
Listing Agency: Commercial Realty Advisors, Inc.
Listed By: Kevin Pepe
Source: Crexi
Added: Aug 12, 2023 Changed: Sep 3 Last Checked: Aug 31 at 11:04PM

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 Commercial Realty Advisors, Inc.

Investment Insights

Based on property information with market context.

Established in 1987, Cars Unlimited, Inc. is a state-of-the-art automobile repair shop located in Edgartown, Massachusetts. The business is situated in the Martha’s Vineyard Airport Industrial Park, conveniently located near the airport and the Vineyard Haven Ferry Depot. The business is housed in a meticulously maintained approximately 3,600 square foot steel framed warehouse. Approximately 2,800 square feet of shop space includes three service bays and a Massachusetts State Inspection station. Approximately 800 square feet is dedicated to a customer reception area with a front desk, a bathroom, and a second-floor office. The grounds provide extensive outdoor space for customer automobile storage and used car inventory. The approximately 1.19 acre parcel has a ground lease in place for $66,000 per year (2021). The lease was signed in 2017 and has fifteen years remaining, adjusted annually by C.P.I. The shop performs diagnostics and repairs on every automobile make and model and is a licensed MSI and commercial vehicle inspector. The service writer is an MSI inspector and is licensed to perform motorcycle and vehicle inspections. Two full-time technicians are available for diagnostics and repairs and one part-time licensed MSI inspector. The Pothiers have also developed a pipeline of new talent through a training partnership with local island schools.

Key Highlights

  • Established auto repair business in a prime location: Martha's Vineyard Airport Industrial Park, convenient to airport and ferry.
  • High demand for services: Serves a large year‑round and seasonal population with a significant number of registered vehicles.
  • Meticulously maintained facility: +/- 3,600 Sq. Ft. steel framed warehouse with three service bays and a Massachusetts State Inspection station.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Plumbing Service Garden Center Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby
Well-served
Demand for This Use

Demographics for 02539, MA

5,168
Population
5,157
Households
1
Avg Household Size
48
Median Age
45%
College-Educated
95%
High-School Grad
26.8 sq mi
ZIP Area
193
Density / Sq Mi
$89,710
Median Household Income
$48,237
Median Earnings
$1,717
Median Rent
$1,171,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Cape & Islands Glass - MV Airport Business Park, 8 N Line Rd, Edgartown, MA 02539
  • Cars Unlimited Inc 5 N Line Rd, Edgartown, MA 02539

Frequently Asked Questions

What type of property is this?
Auto shop - Profitable auto repair shop with real estate opportunity.
Where is this auto shop located?
The property is located at 5 North Line Road Edgartown, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Established auto repair business in a prime location: Martha's Vineyard Airport Industrial Park, convenient to airport and ferry.; High demand for services: Serves a large year‑round and seasonal population with a significant number of registered vehicles.; Meticulously maintained facility: +/- 3,600 Sq. Ft. steel framed warehouse with three service bays and a Massachusetts State Inspection station.
(508) 862-9000 Call to check price and availability
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