Income-Producing Mixed-Use Investment Opportunity

Asking Price$1,350,000

Gross Revenue
Not Disclosed

Net Operating Income$146,400

FF&E$200,000
Included in asking price
Building Sq. Ft.6800

Price per Sq. Ft.Not Disclosed

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Income-Producing Mixed-Use Investment Opportunity


Asking Price$1,350,000

Gross Revenue
Not Disclosed

Net Operating Income$146,400

FF&E$200,000
Included in asking price
Building Sq. Ft.6800

Price per Sq. Ft.Not Disclosed

Property Description
INCOME-PRODUCING MIXED-USE INVESTMENT OPPORTUNITY

Strategically positioned mixed-use investment property offering diversified income streams and strong cash flow potential. This established 6,800 square foot facility sits on 1.8 acres along South Main Street in Athol, Massachusetts, providing excellent visibility and accessibility in a well-traveled commercial corridor.

PROPERTY OVERVIEW:
• Building Size: 6,800 square feet on 1.8 acres
• Construction: 1930 (established property)
• Annual Revenue: $161,400
• Net Operating Income: $146,400
• Cap Rate: 10.8%
• FF&E Value: $200,000

INCOME DIVERSIFICATION:
The property generates revenue through multiple tenant streams including two leased residential units, a leased auto repair garage, and an auto dealer/detail operation. This mixed-use configuration provides income stability through diversified tenant base and reduces vacancy risk.

LOCATION ADVANTAGES:
Prime South Main Street location offers strong visibility and exposure along a busy commercial corridor. The site features ample on-site parking, convenient access, and proximity to local amenities and commuter routes, enhancing both operational value and long-term investment appeal.

FINANCIAL PERFORMANCE:
With annual operating expenses of only $15,000 (including property taxes, insurance, utilities, and maintenance), the property demonstrates strong operational efficiency. The 10.8% cap rate reflects attractive returns in today's investment market.

VERSATILE USE POTENTIAL:
The property's automotive-permitted use and flexible layout accommodate various commercial applications. Historical use as retail space demonstrates adaptability for different business types, providing future repositioning opportunities.

INVESTMENT HIGHLIGHTS:
• Stabilized mixed-use asset with established tenant base
• Strong cash flow with 10.8% cap rate
• Diversified income streams reduce vacancy risk
• Expansive paved parking and automotive use permits
• Prime commercial corridor location
• 1.8-acre site with development potential
• Low operating expense ratio

This turnkey investment opportunity is ideal for investors seeking immediate cash flow with long-term appreciation potential. The seller is transitioning focus to other investments, creating an excellent acquisition opportunity for a new owner to acquire a stabilized, income-producing asset.

Property offers strong fundamentals with established tenancy, prime location, and multiple expansion possibilities for the right investor.
About the Property
Type
Other Business Real Estate
Building Status
Established
Facilities & Assets
The sale includes all fixtures and equipment associated with the automotive operations, including but not limited to garage equipment, installed systems, and all parts currently stored on-site.
Exclusions: Mechanic’s personal tools and any tenant-owned personal property.
Location Description
Strategically located on South Main Street in Athol, Massachusetts, this property offers strong visibility, accessibility, and exposure along a well-traveled commercial corridor. Situated on 1.8 acres, the site features convenient access, ample on-site parking, and excellent utility for both residential and automotive commercial use. Its location near local amenities, surrounding businesses, and commuter routes enhances both operational value and long-term investment appeal.
Current and Prior Use
The property is currently utilized as a mixed-use investment asset consisting of two leased residential units, a leased auto repair garage, and an auto dealer/detail operation. The used car dealer component was established after the current owner’s acquisition, adding additional commercial utility and income potential to the site.Prior to its current configuration, the dealer office space was utilized as a retail store, reflecting the property’s flexibility and adaptability for a variety of commercial uses over time.
Year Built
1930
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Operating Expenses:** $15,000* Property Taxes: $6,000* Insurance: $3,600* Water/Sewer: $600* Electric (Garage): $1,800* Dumpster: $3,000
Listing Info
ID:
2489509
Listing Views:
18
Attached DocumentsAttachment Disclaimer

athol_mixed_use_flyer.pdf

Business Location

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Property Listed by: viken Dumeciyan

Listing ID: 2489509 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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