2650 E Alessandro Blvd, Riverside, CA 92508 | For Sale

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For Sale $1,500,000

$1,500,000
  • (0)
  • Units
  • Unknown Sq Ft
  • Unknown Sq Ft
  • Unknown Cap Rate

Description

LOCATION, LOCATION, LOCATION! Turnkey full-service, well established, stable auto repair business opportunity with long-term clientele. This well-maintained, clean, organized business is located in a freestanding building in the heavily populated City of Riverside. The leased building offers 4-double bays with 4 vehicle lifts, 1 flat lift, customer waiting area, reception, private office, 2 bathrooms, storage room, ample customer parking, and secure overnight vehicle parking. The business model offers tire sales, emission/smog testing, general auto repair, DMV services, fleet service, and an auto wholesale license. There are currently 5 full-time employees. AAA Shop, NAPA Auto Care Center, ASE certified, and long- term triple net lease is in place. Located in a high traffic intersection just off the 215 freeway with excellent visibility and access to attract new customers. After 35+ years of growing the business, the owner is hanging up his work shoes and retiring… he says it’s time to travel! NDA (Non-Disclosure Agreement) is required before financial information is disclosed. SBA loan with 10% down is available for qualified buyers.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

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Property Details

List Price $1,500,000
Property Type Business
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
APN # 263100014
MLS # PW23024493
Property ID 319257048
Lot Sqft Unknown
Zoning Unknown
Days on Market 1,054
Original List Price $2,500,000
Date Updated September 30, 2024
Date Created February 02, 2023
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $9,800 $0
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Listing Provided By

Ruben Gutierrez an agent of . Lic #01125771


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