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Turnkey Auto Repair Shop – Prime Industrial Location Fully equipped and ready to operate, this turnkey auto repair shop is ideally situated in a bustling industrial area with moderate traffic and easy access to major roads. Perfect for an entrepreneur or established business owner, this opportunity includes a Mechanical Repair License conveyed with the real estate. Property Features: 4, 000 sq ft building with a fully equipped garage, including 5 lifts Licensed for 15 cars indoors (Garage License included) Ample storage space and functional workspace Office area with a spacious waiting room, customer restroom, and staff facilities (eating area + restroom) Why This Opportunity Stands Out? Profitable Business– Immediate cash flow with an established setup. High-Visibility Location – Good traffic flow and accessibility. Complete Package – Equipment, licenses, and real estate included for a seamless transition. Ideal for a hands-on owner or investor seeking a thriving automotive shop.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $650 | $650 | $650 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,469 | $3,653 | $4,654 |
Total Monthly Payment | $4,211 | $4,395 | $5,396 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.