Conveniently Located Used Car Lot W/Nice Building

Business Overview:

The lot size is 11,205 square feet, The building is 1,350 square feet with 2 service bays to service existing inventory. This property was a former gas station. The tanks have been pulled, the MCPA has insured a closure letter and the monitoring wells have been capped years ago. Only available because of seller’s retirement after 36 years. Owner bought the building in 1991 after leasing it for about 3 years. He has made over $300,000 in upgrades including an addition, modernized office and rest room plus upgrades and lighting to the lot including landscaping. It is centrally located with a primary no-freeway route from the western suburbs thru Minneapolis and into St. Paul. A substantial percentage of businesses is generated from walk-up and drive-up, despite the use of Internet shopping for vehicles. This is one of the nicest car business lots on this very busy street, which the city has upgraded. The street assessments for the major work have been paid. The lot and building are for sale for $750,000. If desired, License and Business name are available for an additional $50,000. For further information, call Nick Strandberg.

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