Cottonwood, AZ 86326

$1,017,000
Property Type: Business Opportunity Square Footage: 4,072 Lot Size (sq. ft.): 43,996 Status: Closed
Current Price: $1,017,000 List Date: 5/03/2022 Last Modified: 6/20/2023

Description

Don't pass up this opportunity to take over a Northern Arizona automotive repair shop that has a 17-year track record of success as well as serious growth potential. Located on a busy highway in a fast-growing city, the business features a superb location, a 4,072 square foot, fully equipped shop space plus a mezzanine for storage. Eight 14' roll-up doors (front and back) allow the shop to boast eight service bays, with plenty of fenced yard for outdoor storage. As to growth potential, the current owners have reduced their open hours to four days a week and they take a few weeks off every year. Adding in that missing time can only help a new operator's bottom line. A new owner can also take advantage of a great reputation.

More Information MLS# 1047380

Contract/Address/Legal

List Price/SqFt: 250 Business Op Type: Bus Op No Real Est REO/Short Sale: Not Applicable Business Type: Auto/Gas Zoning: C-1 Business Name: Confidential Sale Assessor's Book #: 406 Assessor's Map #: 5 Assessor's Parcel #: 36 Assessor Parcel Ltr: P Legal: LOT 3 WAGON WHEEL RANCH M&P 44/39 BOOK 44 PAGE 39

General Property Description

Aprx Acres: 1.01 Lot #: 3 Lot Size: 43828 Buildings: 1 Source of Measuremnt: County Assessor Stories: 1 Year Est: 2004 Gross Vol/Yr $: 436281 Lease Type: NNN Lease $: 13.26 CC & R: No CC & R Fees: 2604 Total Liveable SqFt: 4072 Baths - 3/4: 10 Year Built: 2003

Tax Info

Taxes: 2382 Tax Year: 2021

Remarks & Misc

Remarks: Don't pass up this opportunity to take over a Northern Arizona automotive repair shop that has a 17-year track record of success as well as serious growth potential. Located on a busy highway in a fast-growing city, the business features a superb location, a 4,072 square foot, fully equipped shop space plus a mezzanine for storage. Eight 14' roll-up doors (front and back) allow the shop to boast eight service bays, with plenty of fenced yard for outdoor storage. As to growth potential, the current owners have reduced their open hours to four days a week and they take a few weeks off every year. Adding in that missing time can only help a new operator's bottom line. A new owner can also take advantage of a great reputation.

Status Change Info

Sold Price/SqFt: 250 Financing: Conventional Under Contract Date: 2022-04-04 Sold Date: 2022-04-13 Sold Price: $1,017,000

Construction

Frame - Steel: 1

Cooling

Central Air: 1 Evaporative Cooling: 1

External Amenities

Fenced: 1 Handicap Access: 1 Parking: 1

Heating

Electric: 1 Forced Air: 1 Gas Stove: 1 Wall Unit: 1 Wood Stove: 1

Possession

At Recordation: 1

Roof

Metal: 1

Bathrooms

Interior: 1

Business Location

Commercial Strip: 1 Fixed Location: 1 Freestanding Bldg: 1

Terms & Conditions

1031 Exchange: 1 Any Financing: 1 Conventional: 1 SBA: 1 Sold Furnished: 1 Submit: 1

Utilities Installed

220: 1 Electricity: 1 Individual Meter: 1 Telephone: 1 Water - City: 1 WWT - City Sewer: 1

Current Use

Service: 1 Auto: 1

Internal Amenities

Fire/Smoke Alarm: 1 Security/Alarm: 1 Sprinklers: 1

General Lease

Option/Buy: 1

Info on File

Balance Sheet: 1 Customer List: 1 Equipment List: 1 Inventory List: 1 P & L: 1 Tax Returns: 1

Sale Includes

Contract(s): 1 Equipment: 1 Fixtures: 1 Leasehold Rights: 1 Non-Compete: 1 Personal Property: 1 Tradename: 1 Training: 1

Tenant Pays

All: 1

ContractAddressLegal

Original List Price: 1017000 Listing Date: 2022-04-03 Status: Closed Listing Price: 1017000 City/Township: Cottonwood State: AZ Zip Code: 86326

Property Features

Bathrooms: Interior Construction: Frame - Steel Current Use: Service; Auto External Amenities: Fenced; Handicap Access; Parking Internal Amenities: Fire/Smoke Alarm; Security/Alarm; Sprinklers Heating: Electric; Forced Air; Gas Stove; Wall Unit; Wood Stove Cooling: Central Air; Evaporative Cooling General Lease: Option/Buy Roof: Metal Info on File: Balance Sheet; Customer List; Equipment List; Inventory List; P & L; Tax Returns Utilities Installed: 220; Electricity; Individual Meter; Telephone; Water - City; WWT - City Sewer Sale Includes: Contract(s); Equipment; Fixtures; Leasehold Rights; Non-Compete; Personal Property; Tradename; Training Tenant Pays: All Business Location: Commercial Strip; Fixed Location; Freestanding Bldg Possession: At Recordation
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: June - 20 - 2023
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