117 Main StreetReading, MA 01867MLS Number 72300652

  • Price: $249,900
  • 23 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 3.94% last updated on Dec 21, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.48Acreage
  • 1960Year Built
  • 2000Square Feet
  • YesLease

Driving Directions

This is your chance to purchase the business opportunity of the Meineke dealership right on 28 in Reading! Right off the highway, this location is spectactular with incredible traffic daily, a strong book of business and revenue, and all equipment and inventory included! No current debt on the business other than 10k on a remaining lift, everything stays! Business needs new ownership to increase total profit dollars. Average margin on tickets is 70%, plenty of room for growth.

Ask A Question

Do not fill in this field:
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Basic Information

  • List Price$249,900
  • StatusACT
  • Year Built SourcePublic Record
  • Year Built1960
  • Lease TypeTriple Net Lease (NNN)
  • Lease Price IncludesBuilding, Land
  • LeaseYes
  • Date Listed04/01/2018
  • Direction93 or 95 to 28.
  • MLS Number72300652
  • Status Date2018-04-01T11:06:00

Interior

  • Ceiling Height20

Auction

  • Special FinancingNo

Photos

  • Photo Date2018-04-07T08:02:00
  • Number of Photos29

Location

  • Street No117
  • Building Number117
  • StreetMain Street
  • Zip01867
  • Zip Code 43923
  • StateMA
  • CountyMiddlesex
  • LocationStrip, Free Standing, Highway Access
  • TownReading

Property

  • Acreage0.48
  • Traffic Count25000
  • Parking Spaces50
  • Space AvailableFor Sale
  • Site ConditionDry, Level
  • SubletNo
  • Frontage285
  • Gross Annual Income485000
  • Lot Size21078
  • Assessed Value Land475400
  • Main LoAN1769
  • Square Feet2000

Building

  • No Units1
  • No Of Driving Doors5
  • No Buildings1
  • No Of Restrooms2
  • No Stories1
  • Parking FeatureOpen, 21+ Spaces, Paved Driveway, On Site
  • Total Units1
  • Total Bldg Sf2000
  • Wau Units1
  • Entry OnlyNo
  • Assessed Value Bldg258700
  • Reu Units1

Other

  • Modification Date2018-04-07T08:02:00
  • Property TypeCommercial
  • Listing AlertNo
  • DisclosureNo
  • DisclosuresDo not approach business owners, employees working. Revenue is strong trending between 450-750k over the last 5 years, each year. ~40k per month in revenue.
  • Book46975
  • Listing AgreementExclusive Right to Sell
  • Waf Bldg Sf1000
  • Off Bldg Sf500
  • Prop TypeCI
  • Ref Bldg Sf500
  • ExclusionsReal estate not included
  • ExchangeNo
  • Firm Rmk1Partnership having issues and partners wanted to liquidate. Any new owner needs to have licence to operate.
  • Parcel NumberM:007.0-0000-0118.0
  • Page16

Reading, MA Demographics

There is no data available

Reading, MA Real Estate Market Data

There is no data available

Reading, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: