Saanich All Real Estate and Homes for Sale $100K-$200K
800 W Burnside Rd
SW Marigold
Saanich
V8X 1E9
$112,000
Commercial Sale
- Status:
- Sold
- Sold Date:
- Jul 28, 2023
- Sold Price:
- $112,000
- Sold in:
- 72 days
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 932000
Long standing, and reputable, automotive repair business in high profile location, with large customer base, and proven track record. Growing share in e-vehicle repairs. Business was operating below capacity in 20 / 22, due to owner absenteeism & covid-19, but now projected to earn a health EBITDTA for 23 after current owner resumed operating and managing the business in 2022. Additional production capacity could easily be utilized for future growth. Owner is a red seal mechanic & works full time, as does wife with admin functions. There are 2 apprentice mechanics & an administrator. Approx 10+ parking spots and a 2900 sf building, featuring four hoists, storage, workshop and office areas, front desk reception, and conference room with small kitchen. Transferrable six year triple net lease at $3900.00 per month. Docs available upon signing non-disclosure agreement.Owner retiring but will facilitate transition. Seller may carry some financing. DO NOT APPROACH ANYONE ON SITE
- Property Type:
- Commercial Sale
- Type:
- Business
- Commercial Type:
- Business
- Lease Type:
- Sale of Assets, Sale Of Shares
- Lease Term:
- See Remarks
- Listing General Location:
- SW Marigold, Saanich West
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 4,092.028 sq. ft.380.162 m2
- Taxes:
- $16,608.34 / 2022
- Building Features:
- High Traffic Area, Public Restroom(s), Workshop
- Construction:
- Frame Wood
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Ceiling Heights:
- 12'3.658 m
- Door Features:
- Warehouse Doors: 2
- Floor finish:
- Concrete
- Leasable Area:
- 2,900 sq. ft.269.419 m2
- Commercial Area:
- Core (excl Downtown)
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Electric
- Fireplace:
- No
- Pending Date:
- Jul 28, 2023
- Date Sold:
- Jul 28, 2023
- Equip/Machinery, Fixtures, Goodwill, Inventory, Parking, Supplies, Trade Name(s)
- Real Estate
- Fencing: Partial, Lighting, Low Maintenance Yard, Sign: Allowed, Sign: Pylon, Storefront, Wheelchair Access
- Main Level
- Financing Notes:
- Seller May Carry some Financing for Qualified Buyer
- Assessed:
- 890000.0
- Assessment year:
- 2022
- Approximate Inventory Value:
- 10000
- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
- The Business Assets, or shares, of MARIGOLD SERVICE LTD, including an active automotive repair business, located at 800 Burnside Rd West, inclusive of all fixtures and chattels, goodwill, books and records, and any other assets, tangible or intagible, used in the operation thereof, excluding any Real Estate assets.
- Units in Building:
- 1
- Occupancy:
- Owner
- Utilities:
- Cable Available, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
- Lot Site Features:
- Central Location, Cleared, Corner Lot, Easy Access, Level, Serviced
- Parking Features:
- On Site
- Total Parking Spaces:
- 10
- Business Name:
- Marigold Service Ltd
- Business Type:
- Automotive, Retail
- Business Established Year:
- 40
- Date Listed:
- May 17, 2023
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Listed by Coldwell Banker Oceanside Real Estate, sold on July, 2023
Data was last updated April 18, 2024 at 02:05 AM (UTC)
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.