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    For Sale - 208 Beverly Street, Cambridge, Ontario

    Est payment $3,116/mo
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    Views   2
    Time on Jump  34 day

    AI Summary *

    • Established automotive repair and body shop in a prime Cambridge location.
    • Spacious 7,000 square feet with efficient service capabilities and multiple bays.
    • Additional income from outside parking and storage services available.
    • Second floor features 8 residential units for further rental income opportunities.
    • Strong growth potential for both owner-operators and investors in a profitable market.




    Turnkey opportunity to own an established automotive repair and body shop in a prime aaa location in cambridge. This profitable and well established business is offered for sale without property and is being sold in as is condition with all equipment included. The premises offer approximately 7,000 square feet in total, including about 5,000 square feet of repair shop space on the main floor and approximately 2,000 square feet on the second floor. The repair shop features 6 service bays with 4 hoists, allowing multiple vehicles to be serviced efficiently at the same time, along with a 2 bay body shop dedicated to dent repair and paint work. The main level also includes 2 washrooms, 1 lunchroom, 1 private office, and a welcoming main entrance. Additional income is generated through outside parking and storage charged at $85 per day to customers or insurance companies when applicable. The second floor consists of 8 residential units, with 5 units currently leased generating approximately $3,000 per month in rental income, while 3 units are occupied by the owner, and all 8 units have the potential to be leased to further increase revenue. The monthly lease for the entire premises is $13,680 including tmi and hst. This is an excellent opportunity for an owner operator or investor to acquire a fully equipped, income producing automotive business with multiple revenue streams and strong growth potential in cambridge.
    Listing IDX12829222
    Address208 Beverly Street
    CityCambridge, Ontario
    Price$649,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessHeating / Cooling Other

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    Listing Agency:  RE/MAX REAL ESTATE CENTRE INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    208 Beverly Street
    Cambridge , Ontario
    $649,000
    Get more info