Auto Collision Shop with Property for Sale in NY
Suffolk County, NY

Financing: $240,000.00 Down and 100,000 for 5 years @7%

Reason for Selling:Other Interest

Located in the East End, this niche auto collision and repair shop with a paint room is a fantastic opportunity. With a legal status grandfathered in for 50 years, this shop can hold 5 or 6 cars inside. The property spans 2 acres and includes parking spaces for trucks and cars, which can be rented out for additional income. Surprisingly, the real estate taxes are only $8,000 per year. The shop's location, slightly off the main road, makes it ideal for a large trucking company, limo company, or any type of auto, truck, bus, or transportation company. It is also suitable for a large contracting, landscaping, or tree cutting company. The spacious lot has the potential to accommodate over 100 vehicles with some cleanup. The shop can be rented for $6,000 monthly plus real estate tax, but the seller's preference is to sell both the business and the real estate together. The total price for the business and real estate is $1,200,000 through PMTG REALITY GROUP, with the possibility of seller financing available. A clean Phase 1 testing has been conducted. Currently, the seller collects $2,000 in monthly rent, but there is significant potential to triple that amount under new ownership. This is a money-making opportunity that shouldn't be missed.

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