425 Gum St - Auto Repair FOR SALE


North Little Rock, AR 72114
$750,000 USD
501-396-9671
425 Gum St, North Little Rock, AR for Sale
$750,000 USD
Auto Repair - FOR SALE
1/50
null | Request Cap Rate

425 Gum St
North Little Rock, AR 72114


HIGHLIGHTS

  • Possible lease to own
  • Prime Location in downtown Little Rock
  • Luxury Automotive Repair or could be a Automotive Dealership

OVERVIEW

Seller Financing and Lease to Own Options available: Prime Automotive Repair Facility for Sale in North Little Rock, AR Located in the dynamic Argenta neighborhood at 425 Gum St., North Little Rock, AR 72114, this property presents a rare opportunity. Currently operating as a high-end automotive repair center specializing in luxury brands like Volkswagen, Porsche, Audi, Range Rover, and BMW, it's fully equipped with state-of-the-art tools and diagnostic equipment. Key Features: Prime Location: Situated close to the Arkansas River and Dickey Stephens Park, near the historic Argenta neighborhood and Main Street North Little Rock. Additionally, its proximity to the I-30 and I-40 interchange offers exceptional accessibility and connectivity, ideal for businesses requiring easy transportation routes. This location offers potential for various business opportunities or residential developments, with additional lots available and stunning views, including the Capitol. Fully-Equipped Shop: Includes 7 vehicle lifts, a Hofmann 770XD Alignment System, and various specialized tools for comprehensive vehicle servicing. High-Value Equipment: Notable equipment includes a $45K Alignment machine, E-Mondolfo M9 50 L HP Raptor Tire Machine, Omegasonic Parts Cleaner, AGA and Mile-X Engine Tables, and more. Advanced Diagnostic Systems: Featuring Durametric, Ross Tech-Vag Com Professional Edition, and Snap On-Scan Tool Update-Volvo scanners. Up-to-Date Facilities: Electrical system brought up to code in 2020. The shop includes a clean burn unit, a sophisticated sound and TV system, and new windows installed for enhanced working conditions. Optimal Working Environment: Equipped with 3 Big Ass Fans(Brand Name), a new HVAC system installed in 2022, and airlines to every rack, ensuring a comfortable and efficient workspace. Security and Monitoring: Full CCTV setup with night vision, ensuring safety and security. The property also includes a securely fenced area, enhancing the overall safety and privacy of the premises. Additional Assets: Sale includes a performance tuning tools like APR Unitronic and Integrated Engineering. Ready for Business: Currently employing 2 skilled mechanics, ensuring operational continuity and expertise. Versatile Potential: This versatile property offers numerous possibilities - continue its legacy in automotive service or transform it for a new business venture. Ideal for investors or entrepreneurs seeking a well-established location with comprehensive facilities and flexible utility. Investment Opportunity: This is more than a property sale; it's an investment in a thriving business with a strong customer base in luxury automotive care and performance work. With everything from engine replacements to oil changes, this facility is primed for continued success. Vehicle Lifts 7 Total Alignment System Hofmann 770XD Alignment Lift E-4 Post Tire Machine E-Mondolfo M9 50 L HP Raptor Wheel Balancer Yes Parts Cleaner Omegasonic Engine Tables AGA Mile-X Transmission Table Yes Bead Bazooka 6Ltr Scanners Durametric Ross Tech- Vag Com Professional Edition 2 ODIS VAS6150D Prof Diagnostic Snap On- Scan Tool Update- Volvo Air Port Tool V-AS6-825 Programming Tools PHP- UDP Programmer DSG Extract Cable CPD Toolkit Other Tools Autoland Iscan 20 Ton Press Snap On Transmission Jack Chasis Ears J&B Tools- Battery Charger Robinair A/C Machine- 17059 Transmission Jack with Air Smoke Machine Various Tools/Wheel locks/Jacks Air System Aluminum Air Lines and Hose Reels - Installed 2021 Workbenches Multiple HVAC System 3 Units - 18 Seer Trane Units, installed 12/15/2021 Insulation New in Shop Area - 2021 Heating Unit Shop Clean Burn Gas heat with HVAC system Electrical Completely Updated Shop Entertainment 3 TVs Sound System Amplifier Receiver Security Extreme Security- Video/Alarm System Access Door Locks Data Management TimeClock Software Phone System Ring Central Windows New, Installed 2018 Fans 3 Big Ass Fans for Shop Area Canopy Back Shop Area Air Compressor Champion, SN 15913 -- 2 units Lighting 15 Dam bright LED High Bay Lights - Installed 2019 Garage Door Opener Door Insulation - Installed 2019 IT Equipment Dell File Server 5 Workstations with Printers Other Golf Cart Cargo Container Dump Trailer - 2020 Land Area 1.02 Acres Office/ Warehouse 5,556 Sq Ft on first floor 210 Sq Ff on second floor office For more information and to explore this unique opportunity, please contact Laura Labay 501-396-9671. Business purchase facilitated through the attorney of your choice

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

CROSS STREETS

Oak st

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

I-6

APN/PARCEL ID

33N-268-00-029-00

ASK ABOUT THIS PROPERTY

Laura LabayLabay Realty, Exp RealtyMore Info
501-396-9671

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Laura LabayLabay Realty, Exp RealtyMore Info
501-396-9671

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.