Industrial Building and Body Shop Business

Industrial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30737379
Property Subtypes: Light Industrial
Building Size (RSF): 6,160 SF
Gross Building Area: See Agent
Gross Land Area: 5.01 Acres
Sale Price: $985,000
Unit Price: $159.90 PSF
Office SF: 468 SF
Drive In Bays: 3 Bays
Property Use Type: Net Leased Investment (NNN), Business
Building Name: Wreckonciled Collision Center
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/7/2021

Overview / Comments

This is a great opportunity to own a thriving body shop business and a great industrial building. This business has a great reputation and shows consistent year-over-year growth.

The large shop area includes a GFS downdraft paint booth (with drive-in door), GFS Ultra Mix paint mix room, car lift, and large supply storage/break room area.

With 5 acres of land, there is plenty of room to expand the business or add storage units or other income-producing buildings to the property.

In addition to the continually increasing business for auto repair, the owner believes there is a strong potential for semi-truck repairs (this would require expansion to the building with a taller drive-through door and ceiling).

The metal on steel building has been incredibly well-maintained. A geothermal system provides economical heating and cooling and is supplemented with radiant heaters in the shop. Large, nicely appointed office, and two restrooms (one in the office and one in the shop). Three drive-in doors.

Additional Details

Nearest MSA: Lincoln
County: Sheridan
Taxing Authority: Seward County
Tax ID/APN: 800227710
Zoning: COMMERCIAL
Property Located Between: Between I-80 and US 6 on Nebraska Hwy 15
Highway Access: On Nebraska Hwy 15, 2.5 miles to I-80; 0.8 miles to US 6
Site Description: This is a flat, 5 acre site fronting to Nebraska Hwy 15.
Area Description: A rural, light industrial area north and west of Milford.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,100 SF
Property Condition: Excellent
Year Built: 2014
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame, Stone
Exterior Description: A steel building with metal siding sitting on the southwest corner of the lot.
Parking Type: Surface
Parking Description: Gravel and grass parking around the building.
Amps: 1,050
X-Phase: 3-phase
Heat Type: Propane, Geothermal
Heat Source: Central, Radiant
Air Conditioning: Package Unit
Lot Frontage: 467
Lot Depth: 467
Water Service: Well
Sewer Type: Septic
Legal Description: EARNEST ACRES, LOCATED IN THE WEST ONE-HALF OF THE NORTHWEST QUARTER OF SECTION 4, TOWNSHIP 9 NORTH, RANGE 3, EAST OF THE 6TH P.M., SEWARD COUNTY, NEBRASKA

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,380 2,380
Median Age: 32.27 32.27
Households: 872 872

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