
70 South 300 East
4690 SF Mechanic Shop for Sale in American Fork, UT
Marketing description
!!!FULLY LEASED - DO NOT CONTACT TENANTS!!!
Located in the heart of American Fork (at 70 S. 300 E., American Fork, UT 84003), this rare automotive/flex property offers a highly functional layout with excellent visibility, access, and on-site parking. Situated on a generous lot (.33 acres), the property features a 4,440 square foot main building along with a detached 250 square foot storage shed, and a cement parking area accommodating approximately 33 vehicles.
Designed for automotive use, the building includes six mechanic bays with seven bay doors, providing efficient workflow and flexibility for a variety of automotive, service, or light industrial operations. All bays are currently leased among 3 tenants. The tenants have roughly 2.5 years remaining on their respective leases and combined pay $8,500 in monthly rent (aka - a 5.5% CAP RATE). One of the bays is equipped with a fully certified paint booth, offering a turnkey opportunity for collision repair, auto body, or custom paint services. The combination of multiple drive-in doors, ample parking, and specialized improvements makes this property ideal for an investors seeking a well-equipped facility in a prime American Fork location.
With convenient access to major transportation corridors and surrounding retail and commercial amenities, this property presents an exceptional opportunity for automotive, fleet, contractor, or service-related businesses looking to establish or expand their presence in northern Utah County.
Seller is willing to explore a Seller Finance Purchase Offer under the following terms:
- Purchase price = $1,850,000
- Down-payment amount = $450,000
- Seller finance amount = $1,400,000
- Interest rate = 8% (as of 6/24/26, the interest rate in Utah is around 6.34% to 6.58%)
- Term length = 30 Years
- Monthly payments = $10,272.70
- Possible balloon payment on or after 5 years
See YouTube video for recent renovations at https://www.youtube.com/watch?v=sIuDKLZZb7Y&list=PL_4IMxs6tKcSviOTtozb4R7H6fsahvwPl&index=23
!!!FULLY LEASED - DO NOT CONTACT TENANTS!!!
Investment highlights
- 6 Bays
- 7 Ground Level Doors
- 2 Bathrooms
- 2 Tenants
- 1 Paint Booth
- Fully Leased (Cap Rate = 5.5%)
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