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About This Property

ONCE IN A LIFETIME OPPORTUNITY. REPUTABLE TIRE/MECHANIC SHOP IN BUSINESS SINCE THE 1960'S SAME FAMILY OWNED. IT'S TIME TO SELL OWNER RETIRING. LOCATED ON MAIN ARTERY IN CENTRAL MIAMI. CONFIDENTIAL SALE NDA NECESSARY TO DISCUSS. GREAT OPPORTUNITY FOR THE CORRECT BUYER. FINANCING AVAILABLE. NOI $300K/YR.

Property Details

MLS #

A12077094

Status

Active

Property Type

Business Opportunity

Days on Market

Pool

Waterfront

HOA Fee

None

Est. Insurance

$300/mo

Tax Amount

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Garage

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Lot Size

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Mortgage Calculator

Down Payment (20%)

$180,000

Principal & Interest$4,551

Property Tax$—/mo

HOA Fee$0/mo

Insurance$300/mo

Est. Monthly Total $4,851

Interest Rate

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$6,300

Est. Monthly Rent

1.9%

Cap Rate

9.7%

Cash-on-Cash

$17,389

Net Operating Income

ROI Projections (4% Annual Appreciation)

157%

5-Year ROI

Value: $1,094,988

337%

10-Year ROI

Value: $1,332,220

545%

15-Year ROI

Value: $1,620,849

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

Market Trends

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Avg Price

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Avg Days

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Inventory

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ESTABLISHED TIRE/MECHANIC SHOP, Miami FL 33142