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1010 Chestnut St Newton, MA 02464

Established Auto Repair Shop, 1500 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
127
This established auto repair shop in Newton Lower Falls, MA, offers a prime opportunity for a new owner. The 1,500 square foot, single-tenant property sits on 0.16 acres and includes a three-bay garage equipped with three lifts and a compressor. Built in 1948, the one-story building features six parking spaces and three-phase power. The property is zoned BU1 (buyer to verify zoning specifics). The APN is NEWT-000051-000004-000003. The lease assignment price is $55,000, and the landlord requires first month's rent, last month's rent, and a security deposit. The property is conveniently located adjacent to an unbranded gas station (lease does not include gas station). The driveway may be shared. Potential buyers are responsible for conducting their own due diligence to confirm square footage, boundary lines, and utilities. This includes verifying the property size and utilities with the seller. This is a fantastic opportunity to acquire a well-equipped auto repair business in a desirable location.

Highlights

  • 1,500 SF single-tenant auto repair shop.
  • Located on 0.16 acres in Newton Lower Falls, MA.
  • Features three bays, three lifts, and a compressor.
  • Built in 1948, one-story building with six parking spaces.
  • $55,000 lease assignment fee; buyer responsible for first month's rent, last month's rent, and security deposit.
  • 3-phase power; BU1 zoning; APN NEWT-000051-000004-000003.

Property Details for 1010 Chestnut St

Property type
Retail properties
RSF (Rentable sq. ft)
1,500 SF
Year Built
1948
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
1,500 SF

Location Insight

City
Newton
County
Middlesex
State
Massachusetts
Latitude
42.314721658202
Longitude
-71.225222858744
1010 Chestnut St, Newton, Massachusetts

FAQs

What type of property is this?
Retail property - Established Auto Repair Shop, 1500 sq ft
Where is the retail property located?
The property is located at 1010 Chestnut St Newton, MA.
What are key features of this property?
This property features: 1,500 SF single-tenant auto repair shop.; Located on 0.16 acres in Newton Lower Falls, MA.; Features three bays, three lifts, and a compressor.
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1010 Chestnut St
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