Listed by Keller Williams West Monmouth
$950,000
845 18th Avenue # 2
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 1,178
Units 1
NOI $144,000
Tenancy Multi
Lease Type Gross
Lot Size (SqFt) 10,000
Ground Lease No
Sale Condition N/A
Prime Automotive Property - Ideal for Investors or Owner-Users
Marketing description
A rare opportunity to acquire a versatile automotive property in a high-traffic urban location. Currently configured for both auto repair and vehicle sales, the property offers an established setup for an owner-operator, dealership, repair business, or investor seeking an income-producing commercial asset.
Investment highlights
Existing auto repair and dealership use
Excellent visibility in a busy urban area
Strong traffic counts and convenient customer access
Flexible owner-user or investment potential
Opportunity to operate, lease, or reposition the property
Well suited for automotive sales, repairs, service, and related uses
Listing Contacts
Listed by Keller Williams West Monmouth
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,000.00
$12,000.00/mo
Valuation Metrics
0
DSCR
15.16%
Cap Rate
15.16%
ROI
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Property History
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