For Sale
$395,000

495 Industrial Pl Palm Springs, CA 92264

Established Auto Shop, Seller Financing Available

Overview

Added:
Dec 11, 2024
Days on market:
134
This thriving automotive repair business in Palm Springs, California, presents a unique investment opportunity. Located at 495 Industrial Pl, 92264, this Class C property boasts a prime location within Riverside County, offering significant growth potential due to limited competition in the immediate area. The business, operating for over 45 years, includes a 5,500 square foot facility with six service bays and six hydraulic lifts, ensuring efficient operations. A new five-year lease is in place, with a monthly rent of $5,000 NNN, and a single five-year option to extend the lease. The business is structured as a multi-tenant operation with one unit. This turnkey operation is ideal for an established business seeking expansion or an experienced mechanic looking to own their own shop. The seller is offering financing options, making this an even more attractive proposition. The business is categorized as "Business Only" and is offered at an asking price of $395,000. This established business offers a strong foundation for continued success and significant return on investment. Don't miss this chance to acquire a well-established and profitable automotive repair business in a desirable location.

Highlights

  • $395,000 asking price for a Palm Springs automotive repair business.
  • Established business with 6 service bays and 6 hydraulic lifts.
  • Significant growth potential due to limited competition.
  • Located in a prime Palm Springs location with a new 5-year lease at $5,000/month NNN, plus a 5-year option to extend.
  • Seller financing available.

Property Details for 495 Industrial Pl

Property type
Commercial real estate
Class
C
Units
1

Location Insight

City
Palm Springs
County
Riverside
State
California
Latitude
33.8116235
Longitude
-116.5436025

FAQs

What type of property is this?
Commercial real estate - Established Auto Shop, Seller Financing Available
Where is the commercial real estate located?
The property is located at 495 Industrial Pl Palm Springs, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: $395,000 asking price for a Palm Springs automotive repair business.; Established business with 6 service bays and 6 hydraulic lifts.; Significant growth potential due to limited competition.
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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495 Industrial Pl
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