For Sale
$275,000

200 Pearl StNew London, WI 54961

Established auto shop, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional opportunity presents a well-established automotive and tire business for sale, ideally situated in the heart of downtown New London, Wisconsin. Boasting a rich history of over 60 years, this turnkey operation occupies a prominent corner lot, ensuring high visibility and accessibility. The 3,600 square foot building, classified as Class A, features a showroom, office space, comfortable customer waiting area, ample storage, multiple service stalls, and essential automotive equipment including lifts, a tire machine, balancer, and jacks. The property sits on a 4,227 square foot lot, valued at $65.05 per square foot. The asking price for the business and building is $275,000. While vacant upon sale, the property is also available for lease at $1,500 per month with a minimum one-year lease term and a $3,000 security deposit. Additional lease terms will include specifics regarding utilities and insurance. The property is zoned for commercial use and is available for occupancy on November 1st, 2024. This is a rare chance to acquire a profitable, established business with significant potential for growth in a thriving downtown location. The single-story building is in Waupaca County, Wisconsin, with the address 200 N Pearl St, New London, WI 54961.

Highlights

  • Established automotive and tire business for sale or lease.
  • Turnkey operation in downtown New London, WI, with over 60 years of history.
  • 3,600 SF Class A building with showroom, office, waiting area, ample storage, and multiple service stalls. Includes equipment: lifts, tire machine, balancer, and jacks.
  • Corner lot (4,227 SF) offering high visibility. Land valued at $65.05/SF.
  • Asking price: $275,000; Lease: $1,500/month, minimum one-year lease, $3,000 security deposit. Utilities and insurance pro-rated.
  • Available November 1, 2024. Located at 200 N Pearl St, New London, WI 54961.

Property Details for 200 Pearl St

Property type
Square Feet
3,400 SF
Class
A
Buildings
1
Stories
1
Units
1

Location Insight

City
New London
County
Waupaca
State
Wisconsin
Latitude
44.392759888103
Longitude
-88.739478288848
200 Pearl St, New London, Wisconsin

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200 Pearl St
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