291 Berlin StClinton, MA 01510

Property Details for 291 Berlin St

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.47 AC

Property size (Sq ft)

2,544 SF

Property type

Retail properties

Property subtype

Auto shops

APN

CLIN M:0120 B:22 L:0000

APU

CLINM0120B22L0000

Description

This exceptional turnkey automotive business opportunity in Clinton, MA, is perfectly positioned for immediate success. Located at 291 Berlin Street, this 0.47-acre property houses a fully equipped dealership and service shop, ideal for a variety of automotive uses. The expansive workshop boasts three large bay doors, each fitted with a car lift, and offers the potential to add two more lifts, significantly increasing capacity. Ample customer parking ensures convenient access for clients. Inside, you'll find a welcoming office area with a dedicated customer waiting space, creating a positive experience for patrons. A sizable rear room provides ample storage for parts, while a separate break area caters to employee comfort and convenience. The sale includes existing licenses for car sales and workshop operation, streamlining the transition process for the new owner. The property is sold as-is, with inspections available for informational purposes only. The only potential changes to the inspection process would be those requested by a lending institution. This is a rare chance to acquire an established and profitable automotive business with significant growth potential. Don't miss this opportunity to own a thriving enterprise in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $618,281

  6.5%

  $570,721

  7%

  $529,955

• Comparable approach

  Method

  Valuation

  Relative Method

  $837,646

  Geo Method

  $837,646

• Alternative Use

  Use

  Valuation

  Residential

  $481,424

  Hospitality

  $440,982

  Educational

  $366,892

  Medical

  $379,510

  Retail

  $570,721

Location Insight

City

Clinton

County

Worcester

State

Massachusetts

Latitude

42.4042

Longitude

-71.6716

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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