4720 Lake Park Rd
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4720 Lake Park Rd
6,492 SF Retail Building Youngstown, OH 44512 £723,766 (£111/SF)
Investment Highlights
- This automotive repair garage is a quality steel construction building with a small office, restrooms, and shop area.
- The sale includes the real estate and the business, making it an excellent opportunity for ownership.
- It features a large shop area with 6025 sq. ft. of first floor space and 467 sq. ft. mezzanine, 50 parking spaces, and high-quality HVAC.
Executive Summary
This one story automotive repair garage includes 6025 sqare feet of first floor space with an additional 467 square foot mezzanine. The quality steel construction building is comprised of a small office, 2 restrooms, and an expansive shop area with 20 - 22 ft ceilings. Access points include several man doors, as well as, (2) 10 ft. overhead doors and (5) 14 ft. overhead doors. The nearly one acre lot provides approximately 50 parking spaces including a fenced parking area. The HVAC includes RE-Verber-Ray infrared, gas-fired heaters, ceiling fans, and electric, through wall air conditioning unit for the office portion. The sale includes both the real estate with improvements and a well established automotive repair shop. The business includes an expansive customer list, as well as, (3) lifts, (1) drive on lift, (2) tire machines, (1) balancer, (2) compressors, and several more miscellaneous tools and machines. Great opportunity for someone looking to own their own repair shop.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,492 SF
Building Class
C
Year Built/Renovated
1989/2001
Price
£723,766
Price Per SF
£111
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Lot Size
0.91 AC
Zoning
C - Property is zoned General Business per Boardman Township Zoning
Parking
50 Spaces (7.7 Spaces per 1,000 SF Leased)
Frontage
134 ft on Lake Park Rd
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 29-013-0-202.01-0 | Improvements Assessment | £54,772 |
| Land Assessment | £15,101 | Total Assessment | £69,873 |
PROPERTY TAXES
Parcel Number
29-013-0-202.01-0
Land Assessment
£15,101
Improvements Assessment
£54,772
Total Assessment
£69,873
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4720 Lake Park Rd
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