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$650,000

2 Andover Street

1 Bath 0.52 Acres

Description

BUSINESS OPPORTUNITY ONLY -- REAL ESTATE NOT INCLUDED. Established Gas Station, Auto Repair & Inspection Business -- Includes Dealer License for Up to 15 Cars! An excellent opportunity to acquire an established, full-service gas station and automotive repair and inspection business in a highly visible corner location on busy Andover Street.A KEY HIGHLIGHT: The business includes a Dealer License for up to 15 cars, providing an exciting opportunity for a buyer to expand into vehicle sales and create an additional revenue stream alongside the existing gas station and automotive service operations. The property features two gas pumps, a spacious workshop, vehicle lifts, a customer reception area, and office/storage space. With strong street visibility and convenient access, the business offers excellent potential for continued growth.There may also be an opportunity to add a convenience-store component, subject to required approvals. A generous 10-year lease may be available to the buyer.Sale includes the business, equipment, and leasehold interest only. Real estate is NOT included.Additional details available upon execution of an NDA.

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Location

2 Andover Street, Peabody, MA 01960

Status

For Sale
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 2 Andover Street, Peabody, MA 01960. We are reviewing your request and will be in touch shortly!

Property Amenities

Area & Lot
Lot Area 0.52 Acres
MLS® ID 73578420
Year Built 2021
Type Commercial
Status For Sale
Exterior
Utilities Public Water, Public Sewer
Finance
Sales Price $650,000

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Work With Carol

I know that purchasing a home is one of the biggest and most exciting decisions a person can make. I aim to make the process as simple as possible, with one goal in mind: helping you find the perfect home.