Prime Industrial Space with Established Body Shop and Expansion Potential.
Take advantage of a unique investment opportunity with this impressive 8,640 square foot building situated on 0.9 acres of land in a prime industrial zone. This property is not only a solid real estate investment but also offers the chance to purchase an established body shop currently in operation.
Featuring 8 spacious bays, the body shop is poised for continued success and comes with a current tenant renting the backyard space for $7,500 per month. Additionally, the seller, who operates the body shop, is willing to negotiate a lease to remain at the property, offering $8,000 per month. This will make $15,500 rent per month. This dual income structure provides immediate cash flow while allowing you to benefit from the existing business reputation and customer base.
One of the standout features of this property is the approved permit for an additional 7,500 square-foot building at the rear of the lot. This expansion opportunity could further enhance revenue and solidify your investment in this thriving area.
Conveniently located just 1 mile from I-95, this property enjoys excellent accessibility, making it ideal for industrial operations and attracting a range of businesses. The surrounding area is experiencing ongoing development, positioning this property for future appreciation in value.