For Sale
$1,200,000

5 Line RdEdgartown, MA 02539

Established Auto Repair Shop, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a thriving, established auto repair business, Cars Unlimited, Inc., located in the desirable Martha's Vineyard Airport Industrial Park in Edgartown, MA. The business occupies a meticulously maintained +/- 3,600 square foot steel-framed warehouse on a +/- 1.19-acre parcel. The warehouse features approximately 2,800 square feet of shop space with three service bays and a Massachusetts State Inspection station. An additional +/- 800 square feet comprises a comfortable customer reception area, bathroom, and a second-floor office. The property also includes extensive outdoor space for customer and inventory storage. The building boasts radiant heat on the first floor, supplemented by a waste oil heater in the warehouse, and a ductless split system for cooling in the customer area. Multiple overhead doors provide convenient grade-level loading. The second floor offers an additional +/- 800 square feet of space, including two private offices and storage. A propane-powered generator ensures reliable power. The property is zoned Business III (B III), permitting light industrial and manufacturing uses. Its central location offers easy access to all island points, with proximity to Martha's Vineyard Airport and approximately a 15-minute drive to the Vineyard Haven ferry terminal. A ground lease is in place, signed in 2017, with fifteen years remaining and annual CPI adjustments. The asking price for the business and real estate is $1,200,000. This turnkey operation offers a strong return on investment with a well-established clientele and a skilled team of employees.

Highlights

  • ±3,600 SF steel-frame warehouse on ±1.19-acre ground-leased parcel.
  • ±2,800 SF shop/warehouse space plus ±800 SF office/reception area.
  • Radiant first-floor heat, waste oil warehouse heater, and ductless AC in reception.
  • Multiple grade-level overhead doors.
  • ±800 SF second-floor office space.
  • On-site propane generator.

Property Details for 5 Line Rd

Property type
Warehouses, Industrial properties
Square Feet
2,800 SF
Year Built
1997
Lot Size (sq. ft)
51,836 SF

Location Insight

City
Edgartown
County
Dukes
State
Massachusetts
Latitude
41.393878399123
Longitude
-70.603562017846
5 Line Rd, Edgartown, Massachusetts

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5 Line Rd
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