This is an amazing investment for the right buyer. This is a successful used car dealership, autobody shop and car detailer. The main car dealership brings in over 600k annually and the autobody shop rents for 120k per year. You can also, (already has been approved by the township) put up another building in the back parking lot with two shops that would rent for $3,500 a month each. This brings your total yearly income to $804,000 per year with minimal overhead and a cap rate of 17.1%! The property features a large showroom, 2 service departments, a part room, 4 offices, phone system and 2 separate alarm systems. This is an great property with tons of walk in traffic due to the location that can make the right buyer a lot of money. Please watch the video tour!
|--||New Value: $4,195,000|
|4/5/2018 5:53:00 PM|
The data relating to real estate for sale on this website is provided in part by RE/MAX of New Jersey and the IDX program of the Monmouth Ocean Multiple Listing Service. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2019 MOMLS and RE/MAX of New Jersey. Allrights reserved.