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Property profile & analytics
OFF-MARKET
Auto shops

180 Main St Somerville, OH 45064-9576

1,652 SF 0.22 ac lot Built 1960
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-2242523
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,602 square foot Class C auto shop in Somerville, Ohio, currently generating $2,000 monthly passive income. Located at 180 S Main St, 45064, this property features two buildings on a 21,685 square foot lot with 30 parking spaces. The property includes three drive-in bays (one 12' clear height, two 10' clear height), newer overhead doors, a 9,000lb 2-post lift, compressor hookups, renovated offices with concrete floor armor, polished concrete service bays, and a newly poured parking lot. Recent renovations (2023) included fresh interior/exterior paint. A detached storage structure and additional adjacent vacant land parcels (each with street access) offer significant expansion potential. The current tenant, a state-certified towing company with over 10 years of operation, occupies the space under a gross lease. The property is zoned for commercial garage use and boasts 63 feet of Main Street frontage. The asking price is $225,000 ($86.47/sq ft), with an occupancy date of August 23, 2024. This turnkey operation provides a stable income stream and substantial upside for future development. A 30-day notice is required for existing tenants, if applicable.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1960
Total area 1,652 SF
Lot 0.22 ac (9,488 SF)
APN F2900-065.000-045
UPID US66-2242523
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isaac's Auto Group LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Cw Fab LLC · 3 yrs held
Cw Fab LLC
since 2023
Last sale
$80,000
7 recorded transactions
2025
Price N/A
2023
$80,000
2022
Price N/A
2022
$145,000
2022
$145,000
2017
$58,000
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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