Commercial/Industrial,Automotive - Hallandale, FL
Once in a lifetime acquisition includes the real property, additional rear lot, and thriving automotive business. Over 11% actual Cap rate. The price is allocated as follows, the actual building at $600,000, the business at $200,000 and the rear lot at $99,000 totaling the purchase price of $899,000. Must be sold together. Possible E-2 Visa qualifying purchase. The physical building contains over 4,850 usable square feet, with tall 15' ceilings, two street level roll up doors and built out office. The Automotive business is very successful and netting +/- $100,000 a year after all expenses. Full automotive mechanical, collision, and auto dealer licenses are in place and ready to convey to the new operator. The rear lot is perfect for car storage and is a great addition to this asset.
Would you like more information regarding this property?
Please call (954) 361-0000.
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