990 S Main St Athol, MA 01331
For Sale
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This exceptional investment opportunity presents a thriving, established multi-use property located on a high-traffic section of South Main Street in Athol, MA. The property encompasses a well-regarded auto sales and repair business, operational since the early 1980s, boasting a loyal customer base and strong reputation for quality service. The business is offered as a turnkey operation, including all necessary equipment, tools, and fixtures. The auto repair facility features four service bays, four lifts, a waste oil heating system, and ample storage space. Recently renovated office spaces include separate dealer and garage offices, a reception area, a kitchen, one full bathroom, and two half-bathrooms. A comprehensive security system, including cameras and an alarm, is already in place. The expansive parking lot currently accommodates 80-90 vehicles, with significant potential for expansion to accommodate up to 200 cars. Adding to the investment appeal, the property also includes a two-family home featuring two 2-bedroom, 1-bathroom units, generating substantial rental income. Both unlimited car sales and car repair licenses are included in the sale. This property offers a unique blend of established business operations and lucrative rental income, situated on a 1.8-acre lot, providing excellent visibility and multiple income streams. This is a rare opportunity to acquire a well-established and profitable business with significant growth potential.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.
