Davidson's Garage | 5166 Wagner Ford Rd
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Davidson's Garage 5166 Wagner Ford Rd
5,506 SF Flex Building Dayton, OH 45414 $950,000 ($173/SF)
Investment Highlights
- This well-known, long-standing 2-generation mechanics garage is an attractive business opportunity for potential buyers
- Current owner is willing to stay on to manage business if needed
- Home Rental Income
Executive Summary
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.
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.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
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Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Utilities
- Water - Well
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PROPERTY TAXES
Parcel Number | E21-01002-0060 | Improvements Assessment | $30,880 |
Land Assessment | $25,140 | Total Assessment | $56,020 |
PROPERTY TAXES
Parcel Number
E21-01002-0060
Land Assessment
$25,140
Improvements Assessment
$30,880
Total Assessment
$56,020
zoning
Zoning Code | CC (Commercial Garages and Auto Repair) |
CC (Commercial Garages and Auto Repair) |
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Davidson's Garage | 5166 Wagner Ford Rd
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