, Minneapolis, Hennepin County, Minnesota 55404, USA

MN, Minneapolis
$690,000
  • Commercial Sale Property Type
  • 1987 Year Built
  • Active Status
Steven M
Steven M Realtyna
  • (302) 525 8222
  • (302) 525 8222
  • Support@Realtyna.com
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
  • (302) 525 8222
Property Description

Established automotive repair shop available for sale. This is a turnkey sale of the 38 year-old business, building and equipment. This fully equipped garage is 8,600 SF +/- on 2.46 acres with 10 bays and 8 lifts; five 9,000 lb lifts, an 18,000 lb. and a 30,000 lb. drive on lift and a 14,000 lb. alignment rack. Recent new equipment includes a Hunter Road Force balancer and 1235 AC Machine. Shop can accommodate passenger vans and ambulances. Revenue has continued to trend up, with a mix of private and fleet repair, manufacturer warranty work and tire sales. Shop is the 3rd largest dealer in Continental snow tire sales in the New York to Maryland region. There are solar panels providing the majority of the power, resulting in low electric costs ($30-$50 summer, $600 winter) and there is a 25 KW generator. The 3,456 SF shop addition has a radiant floor heating system and the garage is heated by a waste oil furnace. Owner will stay on to work and assist new ownership with the transition.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6400503
  • Price: $690,000
  • Year Built: 1987
  • Status: Active
  • Property Attached: Yes
  • Office Name: DRG
  • Full Bathrooms: 2
  • Property Sub Type: Commercial Business
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement None
  • Parking Underground,Heated Garage
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55404
  • Street: Portland
  • Street Number: 929
  • Street Suffix: Avenue
  • Longitude: W94° 44' 3.2''
  • Latitude: N44° 58' 13.8''
  • Unit Number: 2405
Neighborhood
  • High School District: Minneapolis
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Accessible Elevator Installed
  • Construction Materials: Brick/Stone
  • Garage: 2
  • Levels: One
Listing Information
  • Co List Agent Mls Id: 502028587
  • List Agent Mls Id: 502045729
  • List Office Mls Id: 7970
  • Modification Timestamp: 2024-01-24T09:20:45Z
  • Originating System Name: Demo
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