Property profile

731 Atlantic St Springfield, MO 65803

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional business opportunity presents a fully operational, turnkey mechanics shop in Springfield, Missouri. Located at 731 E Atlantic St, this well-established enterprise has thrived for nearly 30 years. The sale includes all tools, fixtures, and equipment, ensuring a seamless transition for the new owner. The property boasts a substantial 3-bay shop equipped with two lifts, providing ample space for various automotive services. An added benefit is the oversized double lot, featuring a fenced-in extra lot measuring 60x132 feet, offering significant potential for expansion or additional storage. Also included is a two-bedroom, one-bathroom house on the property, though it is currently in disrepair and may require significant renovation or demolition. The asking price for this complete package is $350,000. This is a rare chance to acquire a profitable, established business with significant existing infrastructure and ample room for growth in a desirable Springfield location. The property's zip code is 65803, and it's situated in Greene County. This turnkey operation is ready for immediate success, offering a unique opportunity for an experienced mechanic or entrepreneur seeking a profitable venture. The property is zoned for business and building use.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

731 Atlantic St Springfield, MO 65803
Springfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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