5166 Wagner Ford Rd - Light Manufacturing FOR SALE


Dayton, OH 45414
$950,000 USD
937-545-4015
5166 Wagner Ford Rd, Dayton, OH for Sale
$950,000 USD
Light Manufacturing - FOR SALE
1/34
null | Request Cap Rate

5166 Wagner Ford Rd
Dayton, OH 45414


HIGHLIGHTS

  • This well-known, long-standing 2-generation mechanics garage is an attractive business opportunity for potential buyers
  • Home Rental Income
  • Current owner is willing to stay on to manage business if needed

OVERVIEW

This well-known, long-standing 2-generation mechanics garage is an attractive business opportunity for potential buyers. The property includes several features that can appeal to a wide range of interested parties. Size and Facilities: The 5,500 square foot building houses 7 bays (1 of the 7 bays is equipped for a semi truck on the end of the building), 5 lifts, a waiting room, administrative counter and an owner's office. This setup allows for multiple repair jobs to be conducted simultaneously, potentially increasing revenue. There is plenty of acreage for car and semi parking. Fully fenced lot. Storage: The upstairs storage provides additional space to keep tools, spare parts, or any other necessary equipment, which can contribute to efficient operations. Home Rental Income: The inclusion of a home on the property, utilized as an income property, offers a unique opportunity for the new owner to generate additional income and potentially offset expenses related to running the garage. The presence of 2 septics indicates that the property is equipped to handle wastewater efficiently, ensuring proper waste management. The current owner has been operating the garage with only two mechanics, leaving substantial untapped potential for growth. Despite having 7 bays, there is a backlog of work, suggesting that increasing the number of mechanics could lead to immediate revenue growth without the need for additional capital investment. The current owner is also willing to stay on to help manage the business so this would be a great investment opportunity! Overall, the combination of a well-established mechanics garage, rental income from the home, and valuable infrastructure like the well and septic makes this property an enticing investment for someone looking to enter or expand in the automotive repair business.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Davidson's Garage

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Auto Repair, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Water - Well

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.1

LAND SF

47,872

ZONING

CC

APN/PARCEL ID

E21-01002-0060

ASK ABOUT THIS PROPERTY

Susan EssexRE/MAX Victory + AffiliatesMore Info
937-545-4015

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Susan EssexRE/MAX Victory + AffiliatesMore Info
937-545-4015

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