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Multi Family - SUTHERLAND TOWN OF for Sale

1010 ALT 19, PALM HARBOR, FL 34683

Asking Price$1,500,000

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  • Days on market:

    8 day(s)
  • Original Price:

    $1,500,000
  • Price per sqft:

    $185.19
  • Tax Legal Description:

    SUTHERLAND, TOWN OF BLK 94, LOTS 14 THRU 21 INCL & W 1/2 OF LOT 22 TOGETHER WITH S 1/2 OF VAC 20FT ALLEY ADJ ON N LESS W'LY 60FT THEREOF PER O.R. 6366/387 (SEE S02-28-15)
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Parking:

    6 to 12 Spaces
  • Construction Type:

    Block
  • Roof:

    Metal
  • Special Listing Conditions:

    None

Description

$1,500,000 • living size area 8100 sqft

Established palm harbor automotive business for sale! since 1988, this well-established automotive center has operated under the same ownership on the same highly visible corner on alt-19 in palm harbor while building a stellar reputation for over 37 years. now ready for new ownership to take the reins of this 11-bay, 9-lift facility and continue its legacy of success. the concrete block building offers 8,100 sq. ft. of versatile space with shop bays, office areas, storage, and even a second-floor apartment. there are eight interior lifts, one exterior lift, two additional service bays without lifts, and 15 exterior parking spaces. currently servicing approximately 200 cars per month, this business handles everything from tires, brakes, and tune-ups to complete engine builds and classic car restorations. fantastic location just south of the palm harbor circle, boasting exceptional exposure to upwards of 23,000 vehicles per day, and providing excellent visibility and accessibility. the building may be sold with the business opportunity or structured as a long-term triple-net lease for buyer flexibility. the current owner is committed to a seamless transition, offering to train the new owner, introduce long-term clients, and even remain part-time (based on his schedule) to support continued client retention. with a staff of six full-time and two part-time mechanics, this is a rare turn-key opportunity for an experienced automotive technician, entrepreneur, or investor to acquire an established, profitable business with strong community ties and growth potential.
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