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229 Canal St - Sonny's Auto Repair 1,152 SF Specialty Building Offered at $339,000 at a 25% Cap Rate in Brattleboro, VT 05301
INVESTMENT HIGHLIGHTS
- Well established business with strong client base
- Fully equiped with all tools included in sale.
- High visibility location on heavily travel road
EXECUTIVE SUMMARY
Turn-key business opportunity to own Sonny's Automotive Repair Shop. This established business with it's extensive clientele and customer good will,along with all of the business assets, equipment and tools, could be yours! Great location in downtown Brattleboro, corner of Canal & Birge Street, high visibility, hightraffic count and on the public transportation line. This two bay shop with two lifts, wheel alignment rack, tire changing equipment is well equipped to handle general maintenance and service work. Five years of steadily increasing P&L's available upon request after signing a nondisclosure statement.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$301,150
|
$261.41
|
| Taxes |
$3,809
|
$3.31
|
| Operating Expenses |
$114,930
|
$99.77
|
| Total Expenses |
$118,739
|
$103.07
|
| Net Operating Income |
$182,411
|
$158.34
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $301,150 |
| Annual Per SF | $261.41 |
| Taxes | |
|---|---|
| Annual | $3,809 |
| Annual Per SF | $3.31 |
| Operating Expenses | |
|---|---|
| Annual | $114,930 |
| Annual Per SF | $99.77 |
| Total Expenses | |
|---|---|
| Annual | $118,739 |
| Annual Per SF | $103.07 |
| Net Operating Income | |
|---|---|
| Annual | $182,411 |
| Annual Per SF | $158.34 |
PROPERTY FACTS Under Contract
| Price | $339,000 | Building Class | C |
| Price Per SF | $294.27 | Lot Size | 0.12 AC |
| Sale Type | Investment or Owner User | Building Size | 1,152 SF |
| Cap Rate | 25% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 1955 |
| Property Type | Specialty | Parking Ratio | 6.94/1,000 SF |
| Property Subtype | Auto Salvage Facility | Opportunity Zone |
Yes
|
| Zoning | Mixed use - Commercial mixed use. | ||
| Price | $339,000 |
| Price Per SF | $294.27 |
| Sale Type | Investment or Owner User |
| Cap Rate | 25% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Auto Salvage Facility |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 1,152 SF |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 6.94/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | Mixed use - Commercial mixed use. |
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 081-025-12776 | Total Assessment | $122,010 |
| Land Assessment | $69,000 | Annual Taxes | $3,809 ($3.31/SF) |
| Improvements Assessment | $53,010 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
081-025-12776
Land Assessment
$69,000
Improvements Assessment
$53,010
Total Assessment
$122,010
Annual Taxes
$3,809 ($3.31/SF)
Tax Year
2024
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229 Canal St - Sonny's Auto Repair
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