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    OFF-MARKET
    Auto shops

    540 Patterson St, Alliance, OH 44601-2460

    5,241 SF 0.49 ac lot Built 1931
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US66-1610128
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 540 E Patterson Street in Alliance, Ohio, presents a significant investment opportunity. Spanning 5,241 square feet on a 0.49-acre lot, the building boasts a versatile layout ideal for a variety of businesses. Previously utilized as a thriving mechanic and auto detailing shop, the property is equipped with substantial space for various operations. The layout includes a well-appointed office area, divided into three distinct sections: a main office/lobby (approximately 242 sq ft), a secondary office/lobby (approximately 121 sq ft), and a back office (approximately 132 sq ft). Ample storage is available in a dedicated 140 sq ft area. The main work bay, measuring approximately 2400 sq ft, is equipped with two Matco lifts and tire machines, ready for immediate use. A separate detailing bay of approximately 990 sq ft provides additional space for specialized services. A rear bay, approximately 323 sq ft, offers further flexibility. The property's prime location and substantial size make it an attractive prospect for entrepreneurs seeking a well-established space or investors looking for a strong return. Priced at $159,900, this property offers a compelling opportunity to capitalize on a thriving market. The existing infrastructure and equipment provide a significant advantage for a quick and efficient start-up or expansion.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1931
    Construction FRAME
    Total area 5,241 SF
    Lot 0.49 ac (21,401 SF)
    APN 01-13877
    UPID US66-1610128
    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
    Current use
    Occupant on record · Public records
    • Baum's Auto Service Auto Repair Shop
    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
    Tiffany A Baum · 2 yrs held
    Tiffany A Baum
    since 2023
    Last sale
    $30,000
    7 recorded transactions
    2023
    2015
    $30,000
    2012
    $40,000
    2010
    2010
    $30,000
    2009
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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