449 Manitou Avenue, Manitou Springs

$1,495,000

0 Beds
0 Baths
5,397 Sqft
.38 Acres
0 Garages

Premium Location! This neighborhood auto repair shop is located along busy Manitou Ave. Thousands of cars drive by this site every day on their route into Historic Manitou Springs. Also, Out-of-town visitors are in need of reliable auto repair. Exposure of this type is hard to find. This auto repair shop benefits from years of customer referrals and an excellent reputation. Business is thriving with a mix of repeat/new local business and out-of-town visitors. Buyers will have a significant opportunity for upside growth. This standalone building sits on nearly one-third of an acre with ample parking spaces. Easy access on and off of Manitou Ave and minutes from both Colorado Springs and the Rockies. If Automotive Service is what you are looking for this property is turnkey allowing you to start working immediately. This shop has 7 technician bays, and 7 post lifts(one of which is a frontend alignment lift). There is a restroom and a waiting area for customers. The Owner is including the business and is willing to leave the name of the business, and phone number along with all of the trade fixtures, lifts, frontend alignment machine, parts cleaning equipment, and other items described on equipment list. This building was at one time a gas station and still features the iconic canopy. The gas tanks were removed over 30 years ago and the property docs include an environmental study clearing the tanks. P&Ls will show EXCELLENT Return on Investment. Use your business model to continue the growth of this established location and business. Contact Listing Agents to schedule a visit to this incredible location.

Essential Information
MLS® #9293965
Price$1,495,000
Square Footage5,397
Acres0.38
TypeCommercial
Sub-TypeCommercial
StatusUnder Contract - Showing
Community Information
Address449 Manitou Avenue
CityManitou Springs
CountyEl Paso
StateCO
Zip Code80829
Listing Details
OfficeBrokers Guild Real Estate
Property History
Status Changed from Active to Under Contract - Showing
Price Reduced from $1,645,000 to $1,495,000
Price Reduced from $1,695,000 to $1,645,000
Price Increased from $1,595,000 to $1,695,000Price Reduced from $1,695,000 to $1,595,000
Price Reduced from $1,999,000 to $1,695,000
Show All History (6)
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