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Auto Service Shop: 3626 Lima Rd

Commercial | Warehouse | Auto Service | 8,500 SF

Listing Contacts

Active

Asking Price: $685,000
Address 

3626 Lima Rd, Fort Wayne, IN 46805

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Date Added
May 8, 2024
Days on Market
348 days
Time Since Last Update
93 days

Details

Property TypeIndustrial, Mixed Use, Retail
SubtypeAuto Shop, Storefront, Warehouse
TenancySingle
Square Footage8,500
Year Built1958
ZoningC1
Lot Size (acres)8,500
Ceiling Height14’-8’
IntelligenceINTELLIGENCE
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Marketing Description

High Exposure & Traffic Count for your Fort Wayne Auto Shop.​ LOCATION.​ OPPORTUNITY.​ LOCATION.​ This location and setup is perfect to run your auto service business or another business! The equipment is included (SEE FLYER for DETAILS) Great business exposure on busy north and south bound road, 2 miles south of I-69 exits.​ 25,000 annual avg daily traffic.​ *Large Front Sign size 16’w x 5’h.​ 0.73 acre total w/ approx 200ft of Hwy 3/Lima Rd frontage w/ ingress & egress.​ Additional Billboard on this property: leased out @ $1750/yr (4 more years of contract, then can increase rate).​ Secure rear lot: 6ft chain link fence & gate.​

Inside has approx 2500sqft of finished space for Retail Showroom, Lobby, or Office Space.​ Unfinished spaces include the main Service Garage/Warehouse (100x37) with 14’ Ceilings: 3700sqft; Heated Rear Garage Workshop (35x27): 945sqft, Detail Garage (64x 20): 1280sqft; Upper Loft/Mezzanine Storage.​ 6 Overhead Doors throughout the property.​

Improvements in past 1-3 yrs: 2023 Spray-foam insulation (1-1.5” deep) 3700sqft service garage (south section); 2023 Interior & exterior paint; 2023 (2) NEW overhead doors; 2023 (2) NEW garage door openers; 2023 NEW electrical/outlets ran for lifts in service garage; 2023 Enclosed mezzanine/loft for efficiency; + See Equipment List.​

Great opportunity to own commercial real estate where the value will only increase.​ Great opportunity to have massive exposure with frontage on a main transportation artery of north/central Fort Wayne.​ Great opportunity to run a successful business or investment income opportunity to lease out the entire space or multiple separate spaces leased out.​

Click this link to take a virtual 3D tour: https://my.​matterport.​com/show/?m=oVjvD1vtg94

Investment Highlights

  • 3-phase power (currently disconnected)

  • Heating: gas forced air (1 furnace) & gas ceiling garage heater

  • Parking: 10 approx parking spaces in front asphalt lot + gravel rear lot; 1 ingress and 1 egress

  • Ceiling Heights: 14’ & 8’

  • (2) 9’w x 8’h overhead doors w/ openers, all new 2023 (in large service garage/warehouse)

  • (2) 8’w x 7’h manual overhead doors in rear storage workshop

  • (1) 12’w x 6’9”h manual overhead door in detailing garage

  • (1) 8’w x ‘9”h manual overhead door in detailing garage

  • Equipment Inclusions & Valuation Estimates

    1. (3) NEW 10-Ton Lifts

    -$28,500 approx estimated total value (8k + $1500 install ea)

    2. NEW Tire & Balance Machine

         Air Compressor

         Power Flushing

         NEW Wheel Balancer

    -$15,000 approx estimated total value

    3. NEW Computer Equipment, Printer, Telephone

         NEW Security System & Cameras

    -$5000 approx estimated total value

    4. Vending Machine

    -$3000 approx estimated value

    5. Forklift: Tow Motor

Valuation Calculator

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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