200 Pearl St New London, WI 54961-1219

This exceptional opportunity presents a well-established automotive and tire business for sale, ideally situated in the heart of downtown New London, Wisconsin. Boasting a rich history of over 60 years, this turnkey operation occupies a prominent corner lot, ensuring high visibility and accessibility. The 3,600 square foot building, classified as Class A, features a showroom, office space, comfortable customer waiting area, ample storage, multiple service stalls, and essential automotive equipment including lifts, a tire machine, balancer, and jacks. The property sits on a 4,227 square foot lot, valued at $65.05 per square foot. The asking price for the business and building is $275,000. While vacant upon sale, the property is also available for lease at $1,500 per month with a minimum one-year lease term and a $3,000 security deposit. Additional lease terms will include specifics regarding utilities and insurance. The property is zoned for commercial use and is available for occupancy on November 1st, 2024. This is a rare chance to acquire a profitable, established business with significant potential for growth in a thriving downtown location. The single-story building is in Waupaca County, Wisconsin, with the address 200 N Pearl St, New London, WI 54961.