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    OFF-MARKET
    Auto shops

    422 Main St, Salem, AR 72576-9420

    2,960 SF 0.96 ac lot Built 1961
    Individually Owned Free & Clear
    Property ID
    US05-0621950
    Property summary
    AI-generated overview

    This exceptional opportunity presents a thriving, turn-key automotive collision repair shop located at 422 S Main in Salem, Arkansas. Boasting 2,920 square feet of space on a commercial lot, this established business comes complete with a loyal customer base cultivated over 37 years of proven success. The sale includes a comprehensive suite of high-quality equipment, ensuring a seamless transition for the new owner. Key assets include a customized downdraft paint filtration system, an extra-large Car-Clamp 360 frame rack, an extensive collection of body clamps and specialty tools, a Snap-On A/C recovery machine, and a PPG Deltron paint mixing system. Recent upgrades further enhance the property's value, with the roof, heat pump, and paint all less than a year old. This is a rare chance to acquire a well-established, profitable business with a strong reputation and all the necessary equipment for immediate operation. The asking price for this turnkey operation is $399,000. The property is situated in Fulton County, Arkansas, with the precise location being 36.3642973 latitude and -91.8280049 longitude, and a zip code of 72576. This presents a unique opportunity for an experienced entrepreneur to step into a ready-made success story. The sale includes all the equipment listed, allowing for immediate commencement of operations. This is a rare opportunity to acquire a profitable business with a strong foundation and a loyal customer base.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1961
    Total area 2,960 SF
    Lot 0.96 ac (41,818 SF)
    APN 900-27813-000
    UPID US05-0621950
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    DONALD G FOSTER
    DONALD G FOSTER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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