Space
Finished area and layout
- Building Area
- 7,000 sqft
+23 more
7,000 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- sale of business / Mixed Use
Lot
Land, frontage and setting
- Zoning
- M3
Costs
Price, taxes and monthly charges
About This Property
This sale of business in Cambridge offers 7,000 sqft of building area. The property has zoned M3. The home features partial.
MLS Remarks
Turnkey opportunity to own an established automotive repair and body shop in a prime AAA location in Cambridge. This profitable and well established business is offered for sale without property and is being sold in as is condition with all equipment included. The premises offer approximately 7,000 square feet in total, including about 5,000 square feet of repair shop space on the main floor and approximately 2,000 square feet on the second floor. The repair shop features 6 service bays with 4 hoists, allowing multiple vehicles to be serviced efficiently at the same time, along with a 2 bay body shop dedicated to dent repair and paint work. The main level also includes 2 washrooms, 1 lunchroom, 1 private office, and a welcoming main entrance. Additional income is generated through outside parking and storage charged at $85 per day to customers or insurance companies when applicable. The second floor consists of 8 residential units, with 5 units currently leased generating approximately $3,000 per month in rental income, while 3 units are occupied by the owner, and all 8 units have the potential to be leased to further increase revenue. The monthly lease for the entire premises is $13,680 including TMI and HST. This is an excellent opportunity for an owner operator or investor to acquire a fully equipped, income producing automotive business with multiple revenue streams and strong growth potential in Cambridge.
Inclusions
All equipment included in the sale of business.
Full Listing Details
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