For sale · MLS® 1290001
65 Humber Road
Corner Brook, NL, A2H1E7
List price
$899,000
About this propertyMLS® 1290001
TURN-KEY AUTOMOTIVE BUSINESS FOR SALE! This well established, income-producing business is a rare find, offering a loyal client base and consistent repeat business. The expansive property features a large paved lot with ample parking, 5 service bays for efficient operations, and a convenient drive-thru oil change station. The spacious reception area is perfect for customer service, and the property's versatile layout offers endless opportunities for customization and growth. With ample power capacity thanks to 3 Phase electrical plus a 220-amp system, you can focus on running your business without worrying about capacity. Additional storage or equipment needs are easily met with a 28-foot seacan trailer on site. Fully staffed and ready for new ownership, this business boasts a strong financial performance and a proven track record. There's also space available for further development and expansion, plus a washroom and lunchroom for employee convenience. Zoned residential/commercial, the property offers flexibility for the right buyer. Recent upgrades include a new torched roof and new water and sewer lines, providing long-term value and reduced maintenance costs. Don't miss this opportunity to take over a thriving business and make it your own! (id:56688)
Specifications
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The essentials
Location, air, flood & taxes
Elevation
59 m above sea level
Air quality now
AQHI 1 · Low risk
Corner Brook station · updated 2:00 a.m.
Climate
Feb -3° · Jul 22°
normal daily high · CORNER BROOK station · 1991–2020
Nearby & drive routes
10 places shown · OpenStreetMap · OSRM
Schools 1
Health 1
Groceries 2
Cafés 4
Parks 2
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NOI / month
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Cap rate
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Gross yield
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Flip rule of thumb: buy at ≤ 70% of ARV minus repair costs.
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- Office17 Duffy Place, Suite 200, St. John's
Keller Williams Platinum Realty
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