Ron's Automotive - 928 Farmington Ave
Plaza Asking Price: $1,195,000. Business asking: $275,000. | Berlin, CT 9,550 SF
Marketing description
Legacy Automotive Business & Income-Producing Commercial Property
Rare opportunity to acquire Ron's Automotive, a three-generation automotive repair business established in 1915, together with an income-producing commercial property located on highly visible Farmington Avenue in Berlin, Connecticut.
The offering includes approximately 9,550 square feet across two commercial buildings situated on one site. The property features four income-producing tenants plus Ron's Automotive, creating multiple revenue streams while offering flexibility for an owner-user or investor.
The automotive business includes approximately $179,900 in furniture, fixtures, and equipment, with an estimated $15,000 inventory available separately at wholesale value.
Highlights include:
• Established since 1915 (3 generations)
• Approximately 9,550 SF across two buildings
• Four leased commercial tenants
• Ron's Automotive business included
• Multiple monthly rental income streams
• Negotiable owner financing
• Negotiable automotive lease structure
• Long-standing dealer and used car licensing
• Excellent visibility on Farmington Avenue
• Ample on-site parking
• Strong owner-user and investment potential
Financial information available upon execution of a Confidentiality Agreement.
Investment highlights
Plaza with Multiple income streams
- Four Existing tenant income
- Long-term established business
- Flexible owner-user opportunity
- Upside through future lease optimization
- Well-maintained commercial property
- High traffic location
- Rare legacy business opportunity
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