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  • Address Undisclosed, New Milford, CT 06776
  • $297,600
  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 0 Half BathroomHalf Bathrooms
  • 2,689 Sqft
  • Sold On

Address Undisclosed, New Milford, CT 06776

  • Open House
  • New Listing


  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 2,689 Sqft
  • Commercial
  • Active
  • MLS# F10230291
  • Sold On
0 More Schedule
  • Price Reduced

Property Information Address Undisclosed

  • MLSF10230291
  • Zip Code06776
  • TypeCommercial
  • Sq. Ft.2, 689.00
  • Parking Off Street Parking, Parking Lot
  • HeatingWarm Air
  • WaterOther
  • SewerOther
  • Year Built1985
  • Acreage0.0000
  • Estimated Taxes$3, 795
  • Assesment$141, 750
This auto repair business specializes in custom exhausts, restorations and everyday repairs and auto maintenance. Only shop in the area doing custom exhaust work. It is in a 2 bay 2,689 s.f. industrial condominium just off Route 7 in New Milford, CT. The condominium is included in the price. The ProForma shows “Gross” sales for a New Owner is estimated to be +/- $300,000 per year or $12,500 per lift per month (2 lifts). The standard is as high as $20,000 per lift per year for repair bays. The “Net” at this volume is estimated to be +/- $96,000. The industrial condominium included in this price is +/- 2,689 s.f. It is the first unit you see when you drive into the complex. It has a 12’ overhead door, 14’ ceiling and 2 floor mounted 10,000 lb. contact lifts in the shop area. There is a separate office, storage room, bathroom and a foyer in the front. The condo is a corner unit giving it good parking and visibility in the front and on the side. Taxes are +/- $3,795. Sewer assessment of $225 per month and common charges of $278 (will increase this year when a new roof is installed and some paving is done. (Estimated to increase by $150 per month).

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Listing courtesy of: CJ (Charlie) Vlahos, Blanket Real Estate  © 2018 Smart Multiple Listing Service Inc. All Rights Reserved.