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Listed byCHRISTIAN MORGAN • NORTHSTAR REALTY
$ 865,000
Est. payment | /mo
9,300 SqFt
$ 865,000
Est. payment | /mo
9,300 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,300 sqft
Price per Sqft $93
MLS Listing ID 178078
HOA Y/N No
Year Built 2011
Lot Size 1.030 Acres
Acres 1.03
Property Sub-Type Retail
Property Description
NorthStar is pleased to offer the turn-key Newell Service Center located in downtown Newell, SD for sale. An established loyal customer base, strong cash flow, and limited competition have propelled the Newell Service Center as the go to automotive repair facility in the area. Key features include a generous inclusion of essential equipment, multiple repair bays (4), high-traffic location, and skilled staff who have earned the Newell Service Center a five-star rating on Google. Multiple vehicle lifts complement additional specialized equipment making this a unique opportunity. Property consists of the main service center of approximately 5500sf main level plus a fully finished managers living suite on the second level, a separate 3800sf storage building, and an additional 31000sf +/- of land for parking or future expansion. This offering includes the sale of the Business and the Real Estate. Specializing in a variety of makes and models, the Newell Service Center also services farm and ranch related equipment, diesel engines, trailers, and more. Profitable, well-established auto repair center offering comprehensive services (maintenance, diagnostics, repairs) to a regional customer base with a stellar reputation. Sale includes four fully equipped service bays, state-of-the-art equipment, lifts, and on-site office space. The business also offers vehicle parts and supplies for sale to the public in an inviting retail showroom. Seamless transition is anticipated with the current owners agreeing to assist with the transition along with the potential to retain loyal staff and technicians. Additional inventory including parts and tires are not included in the offering price but are negotiable. A complete list of included equipment and negotiable equipment is available which will be reconciled at the time of transfer to adjust for any changes while the business continues to operate. Financial information available with signed non-disclosure agreement.
Location
State SD
Area Other
Zoning Light Industrial
Exterior
Parking Features 1-10
View Y/N Yes
Others
Acceptable Financing cash or new loan
Listing Terms cash or new loan
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