Active
45 Days on market
93 Hamilton St Southbridge — Photo 1 of 24

93 Hamilton St Southbridge — Photo 1 of 24

$449,000

Investment Analysis — 93 Hamilton St

Southbridge, MA 01550

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01550 carries an estimated $1,340/mo in gross rent — about a 1.97% cap rate and $8,865/yr in estimated NOI at the $449,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

1

SqFt

3,756

Style

Other

Built

1948

Rare opportunity to acquire a thriving, established automotive repair and Massachusetts State Inspection business with a strong local reputation, loyal customer base, and a busy State Inspection Station generating consistent customer traffic. The approximately 3,700-square-foot facility is strategically located on Hamilton Street within the central business district, providing excellent visibility, convenient access, and strong traffic exposure. The owner is preparing for retirement, creating an excellent opportunity for a new owner-operator or automotive professional to step into an established operation with the infrastructure already in place.The business is also offered for $249,000 and includes the assets and equipment necessary to support the existing automotive repair and State Inspection operation. Assets include multiple automotive lifts, Massachusetts State Inspection equipment and associated licensing, along with shop equipment and other operational assets used in the business. Typical equipment associated with the operation may include automotive diagnostic equipment, compressors and air systems, tire and wheel service equipment, battery and charging system equipment, jacks and jack stands, workbenches, some limited shop tools, fluid handling and service equipment, storage systems, office furnishings, computers and administrative equipment, signage, and other automotive repair and inspection-related assets. A detailed inventory of included assets and equipment will be made available to qualified buyers.The Massachusetts State Inspection component is an important part of the opportunity. As a busy inspection location, it provides an established source of recurring customer traffic while creating opportunities for additional automotive maintenance and repair services.Flexible Purchase Options! The real estate is available for purchase separately for $449,000 and may be purchased with or without the business. The automotive repair and Massachusetts State Inspection business is available for $249,000. A buyer purchasing the business may lease the facility from the current owner, allowing the buyer to acquire the operating business without purchasing the real estate. Buyers interested in owning both the operating business and the property may purchase the real estate and business together for $700,000. The property is not being offered as a standalone lease. Leasing is available only in conjunction with the purchase of the automotive repair an

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$449,000
Annual Taxes$3,356

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
Roof--
Foundation--
ZoningCC

Property & Lot

Acres0.18
SqFt Lot7,841
Lot Features--

Geography

Listing Provided By

Listing Agent: The Prosperity Group

Listing Office: eXp Realty LLC - Corporate Office

MLS® Number: 73565735