Property summary
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
VerifiedCap rate & NOI
Current use
-
Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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