Property summary
This exceptional turn-key opportunity encompasses a well-established and highly successful auto repair business situated on a busy Route 40 in Elmer, New Jersey. The property boasts a total of 87,120 square feet across two separate buildings situated on a 1.91-acre lot, offering significant expansion potential. Building one features a 4-bay shop equipped with three lifts, a dedicated parts room, a comfortable customer lounge area, a restroom, and an upstairs efficiency apartment or "man cave" complete with its own bathroom. Building two is a substantial 5,000 square-foot structure, including three lifts, an alignment machine, a large parts room, two offices, and a convenient drive-in showroom. This presents a unique opportunity for a buyer to acquire a fully operational and profitable business with all necessary equipment included. The sale includes all lifts, compressors, tire balancers, tire machines, alignment machines, and inspection machines. While currently deeded as a single property, the buildings can be divided, offering flexibility for future development or expansion. This prime location on a busy highway ensures high visibility and consistent customer traffic, making this a truly exceptional investment opportunity. The asking price is $775,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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