For Sale
$825,000

632 Colfax St Palatine, IL 60067

Turnkey Auto Repair Business & Real Estate

Overview

Added:
Feb 3
Days on market:
79
This exceptional opportunity presents a well-established auto repair business and its accompanying real estate in Palatine, Illinois. Located at 632 W Colfax Street, the property boasts a substantial 4,373 square feet of building space situated on a 0.93-acre lot. The business, with over two decades of operational history, benefits from a loyal customer base, making it an attractive acquisition for both expansion and new ventures. The building's design is specifically tailored to the automotive repair industry, featuring three convenient drive-in doors for efficient vehicle access and five well-equipped workstations. This layout provides ample space for current operations and allows for significant future growth potential. The sale includes both the real estate and the established business, offering a complete and turnkey solution for a prospective buyer. The property's prime location in Palatine ensures high visibility and accessibility, contributing to the business's long-term success. This is a rare opportunity to acquire a profitable, established business with its associated real estate, offering immediate revenue generation and significant growth prospects. The asking price for this complete package is $825,000. Serious inquiries only.

Property Details for 632 Colfax St

Property type
Commercial real estate
Square Feet
4,373 SF
Year Built
1970
Lot Size (sq. ft)
40,511 SF

Location Insight

City
Palatine
County
Cook
State
Illinois
Latitude
42.11859
Longitude
-88.05796

FAQs

What type of property is this?
Commercial real estate - Turnkey Auto Repair Business & Real Estate
Where is the commercial real estate located?
The property is located at 632 Colfax St Palatine, IL.
What is the asking price?
The asking price for this property is $825,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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632 Colfax St
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