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425 Gum St

5,800 SF Retail Building North Little Rock, AR 72114 $750,000 ($129/SF)

Investment Highlights

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

Executive Summary

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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,800 SF
Building Class
C
Year Built
1951
Price
$750,000
Price Per SF
$129
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
I-6
Parking
30 Spaces (5.17 Spaces per 1,000 SF Leased)
Frontage
143 FT on Gum Street
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

U.S. Bank
Benihana
Bank of America
Regions Bank
Starbucks
Bank OZK
Centennial Bank
First Security Bank
Simmons Bank
First National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33N-268-00-029-00
Land Assessment
$22,216
Improvements Assessment
$4,854
Total Assessment
$27,070
  • Listing ID: 32173907

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 425 Gum St, North Little Rock, AR 72114

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