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    651 Sullivan Ave South Windsor, CT 06074

    Sponsored
    For Sale
    $2,490,000

    Profitable Auto Repair Shop, Excellent Location

    Property size:
    12,808 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving, fully operational auto repair and body shop located at 651 Sullivan Ave, South Windsor, CT 06074. The property boasts a substantial 12,808 square feet of space, including a well-maintained six-bay building with ample indoor parking for fifteen or more vehicles. The large lot provides extensive additional parking for customers. Situated on a busy primary road, this business enjoys high visibility and consistent traffic. The property includes a used car license. The current owner is retiring after two decades of successful operation, leaving behind a business with a proven track record of strong and consistent profitability. Detailed financial records are available for qualified buyers to review, demonstrating the financial strength and stability of this enterprise. The sale includes the real estate and offers a modified lease with a remaining term of 20 years. The property is currently 100% occupied, offering immediate cash flow and a compelling 8.00% cap rate. This turnkey operation presents a rare chance to acquire a well-established business with significant growth potential in a desirable location. The asking price is $2,490,000. This is a remarkable opportunity for an investor seeking a stable and profitable venture with a long-term lease in place.

    Property Features for 651 Sullivan Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    12,808 SF

    HighLights

    • Thriving, fully operational auto repair and body shop in South Windsor, CT.
    • 12,808 SF building with six bays and ample indoor/outdoor parking.
    • High‑visibility location on a busy primary road.
    • Includes a used car license and a 20‑year modified lease.
    • 8.00% cap rate, 100% occupancy, and strong financial history.
    • Asking price: $2,490,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strong's AutoCare Auto Repair Shop

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Windsor
    County
    Capitol
    State
    Connecticut
    Longitude
    -72.5761132
    Latitude
    41.8496806

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    FAQs

    What type of property is this?
    Automotive property - Profitable Auto Repair Shop, Excellent Location
    Where is this automotive property located?
    The property is located at 651 Sullivan Ave South Windsor, CT.
    What is the asking price?
    The asking price for this property is $2,490,000.
    What are key features of this property?
    This property features: Thriving, fully operational auto repair and body shop in South Windsor, CT.; 12,808 SF building with six bays and ample indoor/outdoor parking.; High-visibility location on a busy primary road.
    Request Owner's contact information
    651 Sullivan Ave South Windsor, CT 06074
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    South Windsor, CT 06074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    651 Sullivan Ave South Windsor, CT 06074
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