Automotive Repair Shop - Owner/User 7349 Fair Oaks Blvd 1,760 SF Retail Building Carmichael, CA 95608 $1,089,985 CAD ($619.31 CAD/SF)

This ±1,760 square foot automotive repair facility on 1/2-acre parcel offers a rare owner/user opportunity in highly visible infill location. The property has operated as an automotive repair shop for the past 25 years and features an office, waiting room, two restrooms, 400 square foot metal garage (rear of building), three drive-through service bays, two hydraulic lifts, fully fenced security gates and parking for well over 30 vehicles. Positioned on the hard corner of Fair Oaks Blvd & Gibbons Drive with approximately 265 feet of street frontage, large pole signage and exposure to approximately 43,427 cars per day, the site benefits from excellent visibility within Carmichael’s established "Main Street" corridor near neighborhood retail, restaurants, and major employment centers. The property is currently occupied on a month-to-month basis by Japanese Only (since July 2000), offering flexibility for an owner/user or investor, and has been under the same ownership for approximately 40 years. Tenant currently pays below market rent of $2,580 per month plus electricity, water and garbage. The site was originally developed as a Texaco Service Station. Underground fuel tanks were previously removed and a September 2000 Phase II subsurface investigation reported soil contamination that was never remediated. Ideal acquisition for automotive repair shop operator with all cash or private financing.