117 Main St

    Reading, MA 01867
    • $249,900
    • STATUS: Active
    • MLS #: 72300652
    UPDATED: 41 min ago
    $249,900
    • 0
      BEDS
    • 0.48
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $125
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Seth Williams of Ledge End Realty.

    Description

    This is your chance to purchase the business opportunity of the Meineke dealership right on 28 in Reading! Right off the highway, this location is spectactular with incredible traffic daily, a strong book of business and revenue, and all equipment and inventory included! No current debt on the business other than 10k on a remaining lift, everything stays! Business needs new ownership to increase total profit dollars. Average margin on tickets is 70%, plenty of room for growth.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-04-20T09:49:47.847.
    www.commonwealthstandard.com/homes/82177296

    117 Main St Reading, MA 01867

    • Price: $249,900
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 72300652
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.48
    Acres
    2,000
    SQFT
    $125
    $/SQFT
    1960
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    This is your chance to purchase the business opportunity of the Meineke dealership right on 28 in Reading! Right off the highway, this location is spectactular with incredible traffic daily, a strong book of business and revenue, and all equipment and inventory included! No current debt on the business other than 10k on a remaining lift, everything stays! Business needs new ownership to increase total profit dollars. Average margin on tickets is 70%, plenty of room for growth.
    Exterior Features

    Driving Doors 5 Frontage 285.00 Location StripFree StandingHighway Access Parking Features Open21+ SpacesPaved DrivewayOn Site Parking Spaces 50 Site Condition DryLevel Stories 1 Traffic Count 25000

    Interior Features

    Ceiling Height 20 Maf Building Sq Ft 0.00 Ref Building Sq Ft 500.00 Restrooms 2 Rsf Building Sq Ft 0.00 Total Building Sq Ft 2000.00 Waf Building Sq Ft 1000.00

    Property Features

    Assessed Value Building 258700.00 Assessed Value Land 475400.00 Assessed Value Total 734100.00 Commercial Industrial Type Commercial Disclosure No Disclosures Do Not Approach Business OwnersEmployees Working. Revenue is Strong Trending Between 450-750K Over The Last 5 YearsEach Year. ~40K Per Month in Revenue. Exchange No Exclusions Real Estate Not included Gross Annual Income 485000.00 Lease Yes Lease Price Includes BuildingLand Lease Type Triple Net Lease (Nnn) Lender Owned No Mau Units 0 Ofu Units 1 On File21 E No Reu Units 1 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Special Financing No Sublet No Tax Year 2018 Taxes 10219.00 Total Units 1 Wau Units 1 Year Built Source Pr Zone Description Other (See Remarks) Zoning Busa

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Seth Williams of Ledge End Realty.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-04-20T09:49:47.847.
     
    Commonwealth Standard Realty Co.
    330 W. Second Street
    South Boston MA, 02127
    Listing courtesy of Seth Williams of Ledge End Realty.