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    OFF-MARKET
    Auto shops

    318 Main St, Wilmington, MA 01887

    4,788 SF 0.44 ac lot Built 1957
    Individually Owned 27-yr Hold Free & Clear
    Property ID
    US38-1677650
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1957
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,788 SF
    Lot 0.44 ac (19,166 SF)
    APN WILM M:0042 L:0000 P:0026
    UPID US38-1677650
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Freds Super Service · 27 yrs held
    Freds Super Service
    since 1998
    3 recorded transactions
    2022
    2011
    1998
    $325,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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