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7709 Lima Rd 2,366 SF Retail Building Fort Wayne, IN 46818 $1,056,035 CAD ($446.34 CAD/SF)


Executive Summary
This is your opportunity to buy a successful Automotive repair shop business, current owner has operated this business for 25 years always at a full or near full rate. Business generates $400,000.00 gross sales annually, owner is retiring, getting out of the business, he is willing to sign a non-compete agreement, he is also willing to work with a new owner after the sale to help business make a smooth transition to new buyer. You can move into a 400K operating auto repair business with the auto lifts and tools on .9 acre of one of the most heavily traveled roads in Allen County with the owner’s assistance available to you to make a smooth transition for your customers. This location has it all, this high visibility could be a great opportunity for your business idea with 320 feet of frontage and approx. .9 acre of land, with more than 42,000 cars driven by potential customers every day. New roof 6 years ago. All underground tanks have been removed since the 1990's, the environmental documents are available. As of 8/2023 MS/2 Transportation Data Management System (TDMS) recorded an average of over 42,000 cars a day at this location.
Property Facts
Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,366 SF
Building Class
C
Year Built
1940
Price
$1,056,035 CAD
Price Per SF
$446.34 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.30 AC
Parking
18 Spaces (7.61 Spaces per 1,000 SF Leased)
Frontage
166’ on Lima Rd
Amenities
- Corner Lot
- Pylon Sign
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-07-10-377-007.000-073 | Improvements Assessment | $55,720 CAD |
| Land Assessment | $72,672 CAD | Total Assessment | $128,392 CAD |
Property Taxes
Parcel Number
02-07-10-377-007.000-073
Land Assessment
$72,672 CAD
Improvements Assessment
$55,720 CAD
Total Assessment
$128,392 CAD
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7709 Lima Rd
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