Property summary
This exceptional 3-bay automotive repair shop at 318 Orange Street, Conneaut, OH, presents a unique opportunity for a savvy investor. Spanning a 0.23-acre lot, this fully operational business boasts a top-of-the-line setup, ready for immediate operation. The current owners, with over 20 years of experience, have cultivated a substantial and loyal customer base, ensuring a smooth transition for the new owner. The shop features a custom-built front office and waiting area, complete with ample storage and a welcoming atmosphere, providing a comfortable space for client interactions and overlooking the convenient parking lot. The garage is equipped with three lifts, a comprehensive Snap-on diagnostic center, a Snap-on battery charger, a pipe bender with dies, a 10hp plumbed air compressor with hose reel, a Snap-on tire machine and balancer, oil caddies with oil tanks and a pump system, and an alignment machine and rack. The building is equipped with 3-phase electric, mini-split air conditioning units in the office, and a security alarm system. The asking price is $500,000. The current owners are open to assisting with a seamless business transfer, offering valuable continuity and support for the new operator. This is a rare chance to acquire a thriving, established business with significant potential for growth in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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