1298 Water StFitchburg, MA 01420

This exceptional investment opportunity presents a fully operational auto repair shop and prime real estate in Fitchburg, Massachusetts. Located at 1298 Water St, this 3,240 square foot facility sits on a 0.24-acre lot (APN 154-52-0) and boasts a convenient location near major highways. Built in 1930, the single-story building is zoned NB, offering flexibility for continued operation or potential redevelopment. The property includes a fully equipped repair garage and a Massachusetts state inspection bay, ensuring a seamless transition for a new owner. The business has a strong track record, generating $1.2 million in sales in 2023. The asking price of $1,800,000 includes both the business and the real estate, representing a compelling price per square foot of $555.56 and a price per unit of $1,800,000. This established business enjoys a "By-Right" zoning designation, minimizing potential regulatory hurdles. This turnkey operation offers immediate income potential and significant long-term growth prospects within a thriving community. Financial information for the last two years is available upon request, subject to a non-disclosure agreement. This is a rare chance to acquire a successful business and valuable real estate in a desirable location. The property's strategic positioning and established reputation make it an ideal investment for both seasoned entrepreneurs and astute real estate investors.