8 Marshall St, Methuen, MA 01844
- Auto shops
- 4,087 SF
- 0.24 lot acres
Current Use by Public Records
- KMH Motors / Auto Repair Shop
- SK Auto Sales / Car Dealership
- Renn 27 / Auto Parts Store
Property Details for 8 Marshall St
- Year built
- 1950
- Construction
- FRAME
- Lot size
- 0.24 lot acres
- Zone code
- RA
- Property type
- Auto shops
- APN
- METH M:00810 B:00077A L:00040B
- APU
- METHM00810B00077AL00040B
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 10, 2019 | $550,000 | Durch Technik Vorsprung | 2 Lip LLC | Quit Claim Deed | — |
| Mar 5, 2010 | $1 | 2 Lip LLC | Latulippe,scott W | Grant Deed | — |
Description
This exceptional turnkey business opportunity presents a rare chance to acquire a well-established and fully equipped auto repair shop, complete with the real estate and a second parking lot. Operating successfully for 18 years, this thriving business boasts a loyal customer base and significant profitability. The substantial 4,000+ square foot building is impeccably maintained and features three garages, six bays, three lifts, a spacious reception area, a convenient break room, ample parts storage, and a second-floor office space. The property also includes a large fenced-in yard, providing additional space and security. Parking is abundant, accommodating 30+ vehicles, with an additional lot capable of holding 15+ vehicles. The property's solar panels offer significant energy savings. Previously licensed as a 12-car Class II Used Car Dealer, the potential for reinstating this license exists. Its prime location off Route 213 offers exceptional accessibility to Routes 93, 28, and 495, placing it within easy reach of a wide customer base. Situated amidst a blend of residential and commercial properties, this location provides both community feel and high visibility. This is a truly exceptional opportunity to own a profitable, established business with significant growth potential. The asking price is $1,350,000, and the property sits on a 0.24-acre lot.
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Location Insight
- Map
- Local Demand
- City
- Methuen
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.1708
- Latitude
- 42.7459
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
