1 Confidential AveHobart, IN 46342

For Sale
$800,000

2,284 SF Garage, $800,000

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional investment opportunity presents a 2,284-square-foot, single-story garage building situated on a 0.33-acre lot in Hobart, Indiana. Constructed in 1930, the property boasts 100% occupancy and is currently utilized as an auto dealership and rental car business. The sale includes both the real estate and the established business, offering a unique chance for an operator to acquire a turnkey operation with significant growth potential. The asking price is $800,000, translating to $350.26 per square foot. The seller is offering favorable financing terms, including floor plan financing, to facilitate a smooth transition. A key staff member will assist with the transition, ensuring operational continuity. The business benefits from a dedicated team of six experienced employees, contributing to its efficient operational structure and low overhead. This presents a rare opportunity to acquire a well-established business with a strong community presence and a solid foundation for future success. The property's long-term stability is further enhanced by the inclusion of the real estate in the sale. The seller, after over five decades of operation, is seeking retirement, making this a compelling acquisition for a buyer seeking both a business and a valuable real estate asset.

Highlights

  • Turnkey auto dealership and rental car business for sale, including real estate.
  • Seller-assisted transition with key staff support for operational continuity.
  • Attractive financing terms available, including floor plan financing.
  • Established business with six employees, low overhead, and strong community presence.

Property Details for 1 Confidential Ave

Property type
Other specialty properties, Automotive properties
Square Feet
2,284 SF
Year Built
1930
Buildings
1
Stories
1
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Hobart
County
Lake
State
Indiana
Latitude
41.5083014
Longitude
-87.2419299
1 Confidential Ave, Hobart, Indiana

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1 Confidential Ave
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