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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.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

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

Price $950,000
Price Per SF $173
Sale Type Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Auto Repair
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 1.10 AC
Rentable Building Area 5,506 SF
No. Stories 1
Year Built 1950
Tenancy Single
Parking Ratio 3.63/1,000 SF
No. Drive In / Grade-Level Doors 6

Utilities

  • Water - Well

PROPERTY TAXES

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)
  • Listing ID: 31383404

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 5166 Wagner Ford Rd, Dayton, OH 45414

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