Auto Body Shop and Repair
999 Main St Worcester, MA 99999
999 Main St, Worcester, MA, 99999
$2,300,000
For Sale
$2,300,000
Established auto body and full-service repair operation with a 6,000+ sf shop and large parking lot.
Property Size6,000 SF
Price / SF$383.33
Days on Market90
Property Features for 999 Main St
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing agency
Property Investors & Advisors, LLC
(978) 310-0484
Listed by
Carl Heitman
(978) 310-0484
Source
Liongatere
Added: Apr 25 Updated: Jul 22 at 6:08PM Checked: Jul 22 at 6:08PM
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 Property Investors & Advisors, LLC
Investment Insights
Based on property information with market context.
This for-sale business and property includes an established auto body, car repair, and dealership operation that has been under the same ownership and at the same location for 20 years. The shop is approximately 6,000+ sf and is equipped for collision and general auto repair, including a paint booth, paint mixing capabilities, and frame repair machines, along with the tools needed for both auto body work and full-service repair.
The operation includes a large parking lot to support customer access and vehicle servicing. Technicians handle repair work for both domestic and foreign vehicles, including traditional steel-bodied and aluminum-bodied cars, trucks, and SUVs.
The dealership component is described as having a large customer base and new customer lead sources, with highly trained staff overseeing key management roles across departments.
The operation includes a large parking lot to support customer access and vehicle servicing. Technicians handle repair work for both domestic and foreign vehicles, including traditional steel-bodied and aluminum-bodied cars, trucks, and SUVs.
The dealership component is described as having a large customer base and new customer lead sources, with highly trained staff overseeing key management roles across departments.
Key Highlights
- Established auto body, car repair, and dealership business operating at the same ownership and location for 20 years
- 6,000+ SF shop with paint booth, paint mixing area, and frame repair machines
- Equipped for collision repair and full‑service auto repair with all necessary tools for the shop
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 | $126.0k | $21.00 |
| − Vacancy | −$8.2k | −$1.37 |
| EGI | $117.8k | $19.64 |
| − OpEx | −$35.3k | −$5.89 |
| NOI | $82.5k | $13.74 |
6,000 SF · lease $21.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.18M
$1.03M – $1.37M
NOI $82,467 @ 7.0% cap · market cap 3.59%
Second Best
Industrial
$997.9K
$873.2K – $1.16M
NOI $69,854 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,187 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- ASD Auto Inc — 11-B Jacques St, Worcester, MA 01603
- Quality Muffler & Brake — 11 Jacques St, Worcester, MA 01603
- The Bears Garage — 84 Fremont St, Worcester, MA 01603
- Metasino LTD — 725 Southbridge St, Worcester, MA 01610
- Master Touch Auto Body — 84 Fremont St, Worcester, MA 01603
FAQs
What type of property is this?
Auto shop - Established auto body and full-service repair operation with a 6,000+ sf shop and large parking lot.
Where is this auto shop located?
The property is located at 999 Main St Worcester, MA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Established auto body, car repair, and dealership business operating at the same ownership and location for 20 years; 6,000+ SF shop with paint booth, paint mixing area, and frame repair machines; Equipped for collision repair and full‑service auto repair with all necessary tools for the shop
