Property summary
This exceptional turnkey auto shop in Galesville, Wisconsin, presents a compelling investment opportunity. Located on a 4.41-acre lot at N17799 US-53, this property boasts 14,000 square feet of newly constructed (2022) space, including a 5,808 square foot main shop with six 12x14 overhead doors, in-floor heat, central air conditioning, a metal roof, and three-phase power. Additional improvements include a 30x30 heated shop and an 80x90 warehouse building. The property features three buildings, all single-story, and is zoned for commercial use. The auto shop, established for over 47 years, enjoys a loyal customer base and strong financial performance, reflected in a 100% occupancy rate, $118,500 NOI, and an 8.17% cap rate. The asking price is $1,450,000 ($103.57/sq ft). This full-service center offers auto and light truck repair, towing, front-end alignment, and a thriving tire business, including farm implement service. The property's recent construction (2022) ensures modern facilities and minimal maintenance needs. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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