7415 Springfield Ave - Service Station FOR SALE


Sykesville, MD 21784
$1,000,000 USD
301-730-0610
7415 Springfield Ave, Sykesville, MD for Sale
$1,000,000 USD
Service Station - FOR SALE
1/22
null | Request Cap Rate

NEW


7415 Springfield Ave
Sykesville, MD 21784


HIGHLIGHTS

  • 4 bay auto repair garage with existing business, mechanics and steady clients.

OVERVIEW

This commercial property presents a compelling investment opportunity, strategically situated on a prominent corner lot spanning 0.46 acres. The advantageous location enhances visibility and accessibility, making it ideal for various commercial ventures. Constructed in 1961 with durable block materials, the property features a robust concrete flooring system, ensuring low maintenance costs and longevity. The lighted, paved parking lot provides ample space for customers and employees, enhancing operational efficiency and customer experience. Investors will appreciate the potential for significant returns immediately, given the property's established loyal, longtime automotive business of 25 years that generates on average $144,500 annually EBITDA. Business is turnkey and includes all tools, equipment and inventory. This commercially zoned corner lot positioning not only maximizes exposure but also allows for potential signage opportunities, further driving foot traffic and brand recognition. The absence of an association fee and the lack of restrictive amenities provide flexibility in property management and operational decisions, allowing investors to tailor the space to their specific business needs. With the historic Sykesville real estate market continually evolving and growing, the combination of strategic location, solid construction, and flexible usage options positions this property as a sound investment for those looking to capitalize on the growing area. Take a look at our 3D tour.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Olde Towne Motor Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

undefined, Auto Dealership, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,343 SF

ZONING

C

APN/PARCEL ID

05-046351

ASK ABOUT THIS PROPERTY

Daniel ManganLong & Foster Real Estate, Inc.More Info
301-730-0610

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Daniel ManganLong & Foster Real Estate, Inc.More Info
301-730-0610

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