8 Marshall St Methuen, MA 01844
For Sale
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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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KMH Motors Auto Repair Shop
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SK Auto Sales Car Dealership
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Renn 27 Auto Parts Store
RA Single-Family Residence District. The Single-Family Residence District RA is composed of all those areas so designated on the official zoning map and like the RR District is generally served by local streets only. RB Single-Family Residence Districts. The Single-Family Residence District RB is composed of all those areas so designated on the official zoni…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RA · Methuen, MARA Single-Family Residence District. The Single-Family Residence District RA is composed of all those areas so designated on the official zoning map and like the RR District is generally served by local streets only. RB Single-Family Residence Districts. The Single-Family Residence District RB is composed of all those areas so designated on the official zoning map and is served by collector and local streets. RC Single-Family Residence District. The Single-Family Residence District RC is composed of all those areas so designated on the official zoning map. Such areas are generally served by minor arteries, collectors and local streets. RD Single-Family Residence District. The Single-Family Residence District RD is composed of developed lots approximately 10,000 square feet in size. RG General Residence Districts. The General Residence District RG is composed of all those areas so designated on the official zoning map, and like the preceding districts is generally served by local streets and collectors. The predominant land uses are intended to be single- and two-family homes. Any other uses that would otherwise interfere with the intent of this Ordinance are discouraged.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
