318 Main St, Wilmington, MA 01887
This exceptional 5,000+ square foot auto repair warehouse, situated on a sizable 0.44-acre lot in Wilmington, MA, presents a significant investment opportunity. The property boasts a highly desirable location within the GB Zone, offering excellent visibility and accessibility. The building features seven spacious bays, equipped with two twin-post lifts, facilitating efficient vehicle servicing. Access is provided by six drive-in doors – three measuring 9 feet in height and three measuring 8 feet. The robust electrical system includes a substantial 400 AMP, 3-phase power supply, catering to the demands of a busy auto repair operation. Ample parking is available with space for approximately 40 vehicles. An additional shed provides supplementary storage. Currently owner-occupied, this property offers immediate income potential or the opportunity to establish your own thriving auto repair business. The buyer is responsible for conducting their own due diligence regarding permitted uses and zoning regulations. This is a rare opportunity to acquire a well-established and equipped auto repair facility in a prime Wilmington location. The property's size, features, and location make it an ideal investment for both established businesses and entrepreneurs seeking to enter the automotive repair market. Don't miss this chance to own a thriving business in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.