1801 S Broad Ave - Auto Repair FOR SALE


Lanett, AL 36863
$660,000 USD
706-405-8357
1801 S Broad Ave, Lanett, AL for Sale
$660,000 USD
Auto Repair - FOR SALE
1/30
null | Request Cap Rate

1801 S Broad Ave
Lanett, AL 36863


HIGHLIGHTS

  • Great existing income
  • High traffic area
  • Potential for owner financing with attractive down payment

OVERVIEW

This is a unique opportunity to own a high functioning commercial property with two tenants and a profitable business. The property features an auto shop equipped with four car lifts. Beside the auto shop, is additional space that can be used for another tenant or storing equipment and inventory. The pawn shop has a showroom, executive office, and inventory storage. The business P&L shows just over $13k in monthly income and an additional $3,700 from tenants. The building also has a separate unit, perfect for a retail store or office. With multiple business possibilities and income potential, this property offers excellent investment value.

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,120 SF

ZONING

c

APN/PARCEL ID

10-07-36-3-001-004.000

ASK ABOUT THIS PROPERTY

Norman HardmanPrestige Luxury Real EstateMore Info
706-405-8357

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Norman HardmanPrestige Luxury Real EstateMore Info
706-405-8357

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.