For Sale
$675,000

10587 Mount Savage RdLa Vale, MD 21502

Established auto business, high traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 3,532 square foot auto shop, located at 10587 Mount Savage Rd NW in La Vale, Maryland (zip code 21502), presents a unique investment opportunity. Situated on a 0.57-acre lot (APN 0120007036), this fee simple property boasts 22 parking spaces, ensuring ample room for customers and inventory. Built in 1994, the building features a main garage measuring 40' x 32' with a 16' interior height, an auto lift, an office, a bathroom, and second-level storage. The property is zoned B-1 and currently operates as an auto inspection and pre-owned auto retail sales business. The asking price is $675,000, translating to $191.11 per square foot. The property's prime location in the Cumberland/Corriganville area offers high visibility and traffic, maximizing its potential. This turnkey operation (excluding autos) offers endless possibilities for a variety of uses. The sale includes three additional residential buildings on the property, currently generating rental income. This is a rare opportunity to acquire a well-established business with significant upside potential in a desirable location.

Highlights

  • 3,532 SF auto shop on a 0.57-acre lot in La Vale, MD (21502).
  • 22 parking spaces.
  • Main garage: 40' x 32', 16' ceiling height, auto lift, office, bathroom, and second-level storage.
  • Zoned B-1; currently operates as an auto inspection and pre-owned auto sales business.
  • Asking price: $675,000 ($191.11/SF).
  • Includes three additional income-producing residential buildings.

Property Details for 10587 Mount Savage Rd

Property type
Retail properties, Auto shops
Square Feet
3,532 SF
Year Built
1994
Lot Size (sq. ft)
24,829 SF
Units
1

Location Insight

City
La Vale
County
Allegany
State
Maryland
Latitude
39.6932955
Longitude
-78.7861589
10587 Mount Savage Rd, La Vale, Maryland

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10587 Mount Savage Rd
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