19 Adams St Mansfield, OH 44902
- Auto shops
- 7,644 SF
- 0.09 lot acres
Current Use by Public Records
- Franklin Body Shop / Auto Body Shop
Property Details for 19 Adams St
- Year built
- 1941
- Construction
- FRAME
- Lot size
- 0.09 lot acres
- Property size
- 7,644 SF
- Property type
- Auto shops
- APN
- 027-06-083-08-000
- APU
- 270608308000
Description
This exceptional opportunity presents the chance to acquire a well-established and profitable auto body repair shop in Mansfield, Ohio. Operating successfully since 1937, this business boasts a remarkable history and a strong reputation for quality workmanship. The sale includes the building situated on a 0.09-acre lot at 19 S Adams Street. Financially sound, the business consistently generates nearly $500,000 in annual gross revenue, thanks to a reliable stream of recurring contracts. This ensures a stable and predictable income stream for the new owner. The property itself is ideally suited for auto body repair, offering ample space and facilities. The sale includes all necessary tools and equipment, making this a true turnkey operation. Experienced staff are in place, facilitating a smooth transition for the buyer. Beyond its current success, this business offers significant potential for growth and increased profitability. This is a rare chance to own a thriving business with a long-standing legacy, strong financial performance, and a prime location. The asking price for the business and property is $500,000. Don't miss this exceptional investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $60,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $75,000
- 6.5%
- $75,000
- 7%
- $75,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $65,000
- Geo Method
- $75,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $60,000
- Retail
- $60,000
- Mixed-Use
- $60,000
- Hospitality
- $60,000
- Educational
- $60,000
- Residential Income
- $80,000
- Energy
- $80,000
- Income-Based Land
- $70,000
- Food Service
- $60,000
Location Insight
- Map
- Local Demand
- City
- Mansfield
- County
- Richland
- State
- Ohio
- Longitude
- -82.5115
- Latitude
- 40.7579
- CBSA code
- 31900
- CBSA name
- MANSFIELD, OH METROPOLITAN STATISTICAL AREA