AUTOMOTIVE REPAIR FOR SALE BUSINESS AVAILABLE...• Business and building are included in the sale...

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FOR MORE INFORMATION CONTACT: Brad Sturges Brokerage Associate 260.424.8448 [email protected] www.cbre.com/brad.sturges Anna Bowman Brokerage Services 260.424.8448 [email protected] www.cbre.com/anna.bowman INVESTMENT DESCRIPTION: Turnkey automotive service business located in a high traffic and high rooftop area. This is a well-established business serving the area for over 50 years, with a long history of providing quality auto repairs to the area. The combination of traffic, rooftops and very little competition in the area make this an attractive buy. Business and building are included in the sale price 10,890 SF building on .25 Acres Building includes: Nine (9) service bays, office waiting area, break room and storage area Four overhead doors on three sides of the building All equipment, inventory, lifts, computers and customer data are included in the sale (a complete list may be provided upon request). Building has a recently renovated apartment on the second story with an annual income. Located at the busy intersection of State Street and Crescent Avenue, in an affluent neighborhood and near downtown Zoning - CM3 - General Commercial AUTOMOTIVE REPAIR BUSINESS AVAILABLE 2311 CRESCENT AVE. FORT WAYNE, INDIANA FOR SALE OWNER | OPERATOR OPPORTUNITY Part of the CBRE affiliate network

Transcript of AUTOMOTIVE REPAIR FOR SALE BUSINESS AVAILABLE...• Business and building are included in the sale...

Page 1: AUTOMOTIVE REPAIR FOR SALE BUSINESS AVAILABLE...• Business and building are included in the sale price • 10,890 SF building on .25 Acres • Building includes: Nine (9) service

FOR MORE INFORMAT ION CONTACT:

Brad Sturges

Brokerage Associate

260.424.8448

[email protected]

www.cbre.com/brad.sturges

Anna Bowman

Brokerage Services

260.424.8448

[email protected]

www.cbre.com/anna.bowman

INVESTMENT DESCR IPT ION:

Turnkey automotive service business located in a high traffic and high rooftop area. This is a well-established business serving the area for over 50 years, with a long history of providing quality auto repairs to the area. The combination of traffic, rooftops and very little competition in the area make this an attractive buy.

• Business and building are included in the sale price

• 10,890 SF building on .25 Acres

• Building includes: Nine (9) service bays, office waiting area, break room and storage area

• Four overhead doors on three sides of the building

• All equipment, inventory, lifts, computers and customer data are included in the sale (a complete list may be provided upon request).

• Building has a recently renovated apartment on the second story with an annual income.

• Located at the busy intersection of State Street and Crescent Avenue, in an affluent neighborhood and near downtown

• Zoning - CM3 - General Commercial

AUTOMOTIVE REPAIRBUSINESS AVAILABLE 2311 CRESCENT AVE. FORT WAYNE, INDIANA

FOR SALE OWNER | OPERATOR

OPPORTUNITY

Pa r t o f t h e C B R E a f f i l i a t e n e t w o r k

Page 2: AUTOMOTIVE REPAIR FOR SALE BUSINESS AVAILABLE...• Business and building are included in the sale price • 10,890 SF building on .25 Acres • Building includes: Nine (9) service

Pa r t o f t h e C B R E a f f i l i a t e n e t w o r k

CBRE | Sturges | 202 W. Berry St. | Suite 800 | Fort Wayne, IN 46802 | www.cbre.com/fortwayne©2012 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

AUTOMOTIVE REPAIR BUSINESSAVAILABLE - 2311 CRESCENT AVE. FORT WAYNE, INDIANA

FOR SALE OWNER | OPERATOR

OPPORTUNITY

Page 3: AUTOMOTIVE REPAIR FOR SALE BUSINESS AVAILABLE...• Business and building are included in the sale price • 10,890 SF building on .25 Acres • Building includes: Nine (9) service

CBRE | Sturges | 202 W. Berry St. | Suite 800 | Fort Wayne, IN 46802 | www.cbre.com/fortwayne

Pa r t o f t h e C B R E a f f i l i a t e n e t w o r k

©2012 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

CRESCENT AVE. & STATE ST. 1 mile 3 miles 5 miles

POPULATION 13,969 86,323 190,315

HOUSEHOLDS 6,049 36,915 78,220

DAYTIME POPULATION 11,086 81,023 124,861

AVG HOUSEHOLD INCOME $48,550 $42,050 $48,173

DEMOGRAPHICS

AUTOMOTIVE REPAIR BUSINESSAVAILABLE - 2311 CRESCENT AVE. FORT WAYNE, INDIANA

FOR SALE OWNER | OPERATOR

OPPORTUNITY

S I TE P LANMAP

S I TES I TESTATE ST.STATE ST.

CRESC

ENT

AVE.

CRESC

ENT

AVE.

E. COLISEUM BLVD.

E. COLISEUM BLVD.

PARKVIEW HOSPITAL

N. CLIN

TON

ST.

N. CLIN

TON

ST.

LAKE AVE.LAKE AVE.

S I TES I TE

CRE

SCEN

T A

VE.

CRE

SCEN

T A

VE.

STATE ST. STATE ST.

TRAFF ICCOUNT ATINTERSECT ION

31,800 VPD

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BUILDING DATA

Project Name:

Township: Zone:County:

Summit City Car Care

Allen Washington Northeast

Commercial Improved Sale

Address:

For more information contact:

Brad Sturges

Brokerage Associate

260.424.8448

[email protected]

202 West Berry Street, Suite 800Fort Wayne, IN 46802-2248

260.424.8448888.548.8448 Toll Free260.420.1820 Faxwww.cbre.com/fortwayne

Crescent Ave. - 2311 Fort Wayne, IN 46805

Total Area SF:

Vacant:

Largest Contiguous:

Availability:

Construction Type:

No. of Floors:

Roof:

Sprinklered:

Heating:

Cooling:

Security:

Restrooms:

Handicap Access:

High Speed Data:

SF

10,890 At Closing

2

No

Unknown

None

Construction Year:

Metal

1925

SF

SF

SALE INFORMATION

Price:

Terms: Cash at Closing

$568,000

10,890

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject tothe possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates forexample only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

3/14/12 2:40

Page 5: AUTOMOTIVE REPAIR FOR SALE BUSINESS AVAILABLE...• Business and building are included in the sale price • 10,890 SF building on .25 Acres • Building includes: Nine (9) service

COMMENTS

Automotive Repair business is located in a high traffic area. This is a well established business serving the area for over 50 years. This nine bay shop include office, waiting area, break room and storage area. All equipment, inventory, lifts, computers and customer data are included in the sale. The second story has a recently renovated apartment with an annual income.

For additional information or to schedule a tour, please contact Brad Sturges at 260.424.8448 ext. 237.

Summit City Car CareCrescent Ave. - 2311 Fort Wayne, IN 46805 Page 2

SITE DATA

Zoning:

Parking:

Traffic Count:

Nearest Interstate:

Tax/Pay Year:

Annual Tax:

Land Area:

CM3, General Commercial

24 spaces

31,800 VPD

2010 / 2011

$ 891

.25 AC

U.S. 30

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject tothe possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates forexample only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

3/14/12 2:40

Page 6: AUTOMOTIVE REPAIR FOR SALE BUSINESS AVAILABLE...• Business and building are included in the sale price • 10,890 SF building on .25 Acres • Building includes: Nine (9) service

STATE BOULEVARD

CRESCENT AVENUE

64.3'

153'

96.7'

56.65'

106.75'