This is a vacated Auto Dealership. It is comprised of a showroom area (9,476 s.f.); a shop area with lifts and parts (17,274 s.f.); parts area with mezzanine (8,592 s.f.); shop mezzanine (684 s.f.); outside tank areas (320 s.f.); canopy area (3,650 s.f.); paint shop with canopy (1,842 s.f.); used car sales building (936 s.f.) Office and waiting room under the parking lot (6,800 s.f.) and the parking garage for estimated 375 cars (131,631 s.f.)
Buildings are sound and were redone in 2008. However they have been vandalized and estimated costs to repair and replace is about $1,000,000. The garage itself cost over $6M to build according to discussions with various people. Over $12M was the financing but it originally was $9M according to lender reps. Basically the price is based on land value at a little less than $400,000 per acre. - Parking description: Parking is in front of buildings as well as on the north side. Parking garage houses 375 cars. - Area description: Area is mixed use but it is primarily automotive and retail. A Major intersection connecting to I-275 is 1/4 mile with access to interstate at less than 1/2 mile. - Number of buildings: 4 - Building condition: Average
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Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.