Lakeside Auto Repair Opportunity | ± 1.69 Acres

Highlights

Description

Bull Realty is pleased to present this well-established tire and auto center located on bustling McEver Road in Gainesville, GA. Due to illness, the owner has been leasing the property and equipment on a month to month basis. The tenants will vacate prior to closing. This facility is located in a dense retail corridor and is across the street from a Publix-anchored shopping center. The Home Depot, Best Buy and Kohl's are also in close proximity. The property is being sold with all improvements and FF&E in place but no business value is included. A 2024 appraisal ordered by the current lender appraised the property at $3,000,000.00.

Please note that the car wash tunnel is somewhat operational but not a significant part of the property’s income as it needs to be updated and many components replaced. The asking price reflects the value of the property with this consideration.

Bull Realty is pleased to present this well-established tire and auto center located on bustling McEver Road in Gainesville, GA. Due to illness, the owner has been leasing the property and equipment on a month to month basis. The tenants will vacate prior to closing. This facility is located in a dense retail corridor and is across the street from a Publix-anchored shopping center. The Home Depot, Best Buy and Kohl's are also in close proximity. The property is being sold with all improvements and FF&E in place but no business value is included. A 2024 appraisal ordered by the current lender appraised the property at $3,000,000.00.

Please note that the car wash tunnel is somewhat operational but not a significant part of the property’s income as it needs to be updated and many components replaced. The asking price reflects the value of the property with this consideration.

This auto repair is located in Gainesville.

Documents

Units for Lease