5030 Ave Hyattsville, MD 20781
- Investment properties
- 0.28 lot acres
Current Use by Public Records
- Isalis / Boutique / Women'S Clothing Store
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 5030 Ave
- Year built
- 1970
- Lot size
- 0.28 lot acres
- Property type
- Investment properties
Description
This established auto repair shop in Hyattsville, MD presents a fantastic business opportunity for an ambitious entrepreneur. Priced at $185,000, this turnkey operation boasts 4,000 square feet of well-equipped space on a 0.28-acre lot. The shop includes one office, a waiting room, and ample second-level storage. Three lifts, plus an additional alignment lift, ensure efficient service. A comprehensive array of equipment is included, exceeding $120,000 in value, and features a tire changing station, milling machine for rotor resurfacing, alignment equipment, Snap-on OBD2 scanner, Snap-on AC charger, welder, and transmission fluid flush machine. The business benefits from a diverse clientele, including both individual customers and corporate fleet accounts, resulting in a stable and profitable income stream. The current lease, with a low monthly rent of $3,436.00, extends until 2029, providing long-term stability. The shop also features one full bath and two half baths. This is a rare opportunity to acquire a well-established, profitable business with significant existing equipment and a secure lease. Serious inquiries only. Appointments are required.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hyattsville
- County
- PRINCE GEORGES
- State
- Maryland
- Longitude
- -76.8971
- Latitude
- 38.891