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Main Photo: 462 Duncan St in Duncan: Du East Duncan Business for sale : MLS®# 866927
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
866927
Excellent opportunity to own a highly successful automotive repair business and top class real estate. H & M Auto Repair has been a part of the downtown community for over 40 years. The business is showing significant growth and has a very positive reputation. The land and building are a part of the offering. The building has been extensively renovated with a recent addition added in 2015. The quality of the building and its condition reflects the pride of ownership that has gone into this business. The Business and Real Estate must be purchased in combination.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Building, Business, Land
Lease Type:
Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du East Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
9,147.6 sq. ft.
Taxes:
Building Features:
High Traffic Area, Kitchen/Staff Room, Loading Bay(s), Parking, Shopping Nearby, Storage Room, Transit Nearby, Visual Exposure, Workshop
Construction:
Block, Glass
Foundation:
Concrete Perimeter, Slab
Electricity:
Yes
Ceiling Heights:
Floor finish:
Concrete
Total Building Area:
4,321 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard, Mixed
Fireplace:
No
Pending Date:
Electric, Equip/Machinery, Fixtures, Goodwill, Inventory, Real Estate, Supplies, Trade Name(s)
Fenced, Fencing: Partial, Lighting, Low Maintenance Yard, Sign: Allowed, Storefront
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Duncan
Legal Description:
Units in Building:
Units in Community:
Other Equipment:
Other Improvements
Occupancy:
Owner
Utilities:
Cable Connected, Electricity Available, Electricity Connected, Garbage, Phone Available, Phone Connected
Lot Site Features:
Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Serviced, Shopping Nearby
Parking Features:
On Site
Road Frontage Type:
Lane, Street
Road Surface Type:
Paved
Business Name:
H & M Brakes Ltd.
Business Type:
Automotive
Business Established Year:
1981
Total Units:
Date Listed:
Feb 24, 2021
Original Price:
2275000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated December 9, 2021 at 04:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,975,000
Min list price:
$749,900
Max list price:
$8,200,000
Avg days on market:
153
Min days on market:
13
Max days on market:
433
These statistics are generated based on the current listing's property type and located in Du East Duncan. Average values are derived using median calculations.
Andy Gregory
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.