Profitable Auto Body Collision Shop with Real Estate For Sale in Northeast Minneapolis!
$2,050,000
2628 & 2632 Central Ave NE, Minneapolis, MN 55418
11,908 sqft
Building Size
0.3738 acres
Lot Area
Details:
Highlights:
- Asking Price: $2,050,000
- Location: Prime location NE Minneapolis, MN
- Inventory: Included in asking price
- Real Estate: Owned – Included in asking price
- Established in 1982- 43 years of experience
- Building SF & Facilities:
- 2628 Central Ave NE – 7,560 SF Auto Body Shop
- Fully equipped auto body shop
- Automotive paint booth
- 4 drive-in doors
- Reception/office area
- Break room
- Clear Height 12'
- 3 phase power
- 2632 Central Ave NE – 4,348 SF Multi-Use Building
- 1,500 SF office/retail space featuring a large conference room, multiple private offices, and a break room
- Two residential units on the second floor (3 bedroom & 1 bedroom)
- 1,200 SF warehouse space with a bathroom and drive in door
- 15 surface parking spots
- Employees: 10 Total, 9 Full-time 1 part-time
- Furniture, Fixtures, & Equipment (FF&E): Included in asking price
- Growth & Expansion: Turn-key business with strong community presence and high visibility on Central Ave.
- Support & Training: Negotiable
Description:
This well-established auto body shop has been a trusted name in the NE Minneapolis community for 43 years. Located in a highly visible location off Central Avenue, this turn-key business presents an incredible opportunity for a new owner. With $372,000 in cash flow and real estate included, this is a rare chance to own a thriving operation with multiple revenue streams.
The sale includes two commercial buildings totaling 11,908 SF, featuring an auto body shop with an automotive paint booth, warehouse with four drive-in doors, an office/reception area, break room, and two restrooms. The second building is a mixed use building and includes an office/retail space with a large conference room, multiple private offices, a break room, and with two residential units on the top floor which consist of one 1 bedroom unit and one 3-bedroom unit. Behind the building there is a 1,200 SF warehouse space with a bathroom and drive in door. There are also 15 surface parking spots provide ample parking for both buildings. Inventory, furniture, fixtures, and equipment (FF&E) are all included in the asking price.
Discover the vibrant Central Avenue NE district, where the pulse of Minneapolis comes to life. The area offers an eclectic mix of dining, shopping, and entertainment options, providing a dynamic environment for businesses and employees alike. Just a stone's throw away, enjoy the charming attractions of the Northeast Minneapolis Arts District, home to a myriad of galleries, studios, and craft breweries. With convenient access to major highways and public transportation, the location seamlessly connects you to the Minneapolis-St. Paul Metro, making it an attractive prospect for office investors seeking a prime location in a flourishing urban setting.
Documents:
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