Buy Bldg/Land or Auto Repair Bus+Bldg/Land
3,400 SF | Industrial Building | Portland, OR 97213 | $995,000 ($293/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $995,000
- Property Type
-
Industrial
- Price / Square Foot
- $293
Listing Contacts
Jason Cadwell
Verified Profile
- Property Info
Property Overview
PLEASE NOTE: $995,000 PRICE is for BUILDING AND LAND ONLY. $1,590,000 is PRICE for BUSINESS, BUILDING, AND LAND with All the EXTRAS! Don’t miss this chance to own a debt-free auto repair shop in trendy Montavilla. At over 2,700 square feet, you can make this the shop of your dreams. Convenient access on a corner lot offers flexibility and efficiency. The property has everything you need to get started - lifts, jacks, stands, compressors, office equipment, and more. Even your reputation will get a great start with a 4.6 star Google rating will transfer to you and a stellar track record with local vendors.
* Proj. Gross Income: $1,600,000 based upon the last two years of operations.
* Environmental, Profit & Loss Statement, Plot - Plat Map Available to view.
* Previous financials available upon request. See the Brochure for a list of inclusions.
This turn-key business with a shop and extra parcel for parking cars or materials includes future expansion plans if wanted. The owner wants a bigger space. He is willing to help pay it forward and stay on with the right arrangement to make sure the new owner is set up for success. It is a win-win for an up-and-coming or existing. ($1,590,000 Price)
MORE INFORMATION:
Actual Gross Income: $1,100,000
Projected Gross Income: $1,600,000
Actual Net Income: $188,000
Projected Net Income: $320,000
Actual Operating Expenses: $912,000
Projected Operating Expenses: $1,280,000
Lease Amount: $4,000 Expires 12/24/2024
* Proj. Gross Income: $1,600,000 based upon the last two years of operations.
* Environmental, Profit & Loss Statement, Plot - Plat Map Available to view.
* Previous financials available upon request. See the Brochure for a list of inclusions.
This turn-key business with a shop and extra parcel for parking cars or materials includes future expansion plans if wanted. The owner wants a bigger space. He is willing to help pay it forward and stay on with the right arrangement to make sure the new owner is set up for success. It is a win-win for an up-and-coming or existing. ($1,590,000 Price)
MORE INFORMATION:
Actual Gross Income: $1,100,000
Projected Gross Income: $1,600,000
Actual Net Income: $188,000
Projected Net Income: $320,000
Actual Operating Expenses: $912,000
Projected Operating Expenses: $1,280,000
Lease Amount: $4,000 Expires 12/24/2024
Property Details
- Class
- C
- Year Built
- 1950
- Stories
- 1
- Property Subtype
- Distribution, Vehicle Related
- Lot Size (sq. ft)
- 10,019 SF
Highlights
- $995,000 PRICE is for BUILDING & LAND ONLY. $1,590,000 is PRICE for BUSINESS, BUILDING AND LAND with All the EXTRAS!
- Currently AUTO SHOP BUSINESS WITH EXTRA PARCEL FOR PARKING CARS/MATERIALS
- WAREHOUSE SQ.FT. 2,800 + OFFICE SQ. FT. 600 for a total of 3,400 SF +/-
- OWNER WILLING TO STAY ON WITH RIGHT ARRANGEMENTS TO MAKE SURE NEW OWNER SET-UP FOR SUCCESS ($1,590,000 Price)
- PROPERTY COMES WITH EVERYTHING YOU NEED TO GET STARTED - LIFTS, JACKS, OFC EQUIP, FIXTURES, BENCHES, ETC. ($1,590,000 Price)
- CORNER LOTS OFFERS FLEXIBILITY AND CONVENIENCE - 2 Parcels 9,862 SF total
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