13-Foreclosed auto repair shop for sale!!!

 

Financial Information
Asking: $799,000
Price per square foot: 114.00
Income Property Gross Income: $1,200,000
Income Property Net Operating Income: $240,000
Current Property Expenses: Property taxes, insurance, utilities and any other expenses are available upon request.
Financing: CASH preferred, or contact us for financing options

Summary Description
Mechanic shop for sale, asking price $799,000. This mechanic
shop can be easily turned into a shopping center for added value.
The location is hot!!! and a conversion to a shopping strip will
have a positive affect on the neighborhood and the buyer.
Even though this business has been recently shut due to a
foreclosure, it had been in business for 25 years and has
established clients who can easily return and bring back their
business when they see the doors are open again.

General Information
Facilities: This auto repair shop has seven bays with aerolifts and is fully equipped. Had been in business for 25 years with established clients. The previous business that existed there has recently vacated (due to foreclosure) and all clientelle are still available.
Location Description: Property is located on a busy street in Miami with extremely high traffic count.
Current and Prior Use: The business has been recently closed as bank took over and now owns the property.
Year of Construction: 1986
Building Square Feet: 700

Fore more information, contact UR-COUSIN Emile Farah at (305) 754-1000 or send an e-mail at farah@farahreacquisitions.com

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