If there ever was a property that embodied the age-old real estate adage, “Location, location, location,” it would be this one.
In fact, Owners Larry & Marry Marshal believe their strategically located commercial property at 4506 S Central Avenue, Phoenix, AZ, offers endless possibilities.
The couple, who have owned the property for 40+ years and have run a successful Auto Shop Business known to many as Larry’s Auto Service for all 40 years have decided to put up their Vintage Auto Mechanic/Shop building for sale. “We have run our business effectively out of here for over 40 years. And with no less than 5 stars reviews which include honest/trustworthy work, great pricing, and efficient service shows how Larry’s Auto Service has been a successful auto shop for 40 years. After 40 years of running and owning the business, its time to enjoy retirement, and get the property up for sale.
Priced at $500,000 the property boasts 4,900 +/- square feet, which includes 3 different parcels (4502, 4504, and 4506 S Central Avenue, Phoenix, AZ) totaling 20,368 sf / .47-acre lot being sold as one. Taxes for the year are approximately $6,183.
The Solid block old school auto mechanic/shop building has Central Avenue frontage of 180 feet +/-. Highly traffic location, with easy access/exit for any business who operates in this location. It features 12 ft ceilings, wired with three phase electricity including air compressor. Three single post inground lifts, three post twin inground lifts, fronted alignment rack, plus ample room for work benches and tool boxes. The shop entrance has a pull through, one sliding door (north side) and 10ft roll up door (south side). Access to both front and back locks through the shop or through both gates. Back lot has attached steel canopy covering three lifts. The shop also has a waiting room, public & private restroom, employee breakroom, compressor room, office, and 8 camera security system in place. The back office has separate entrance.
The property is classified as C-3 zoning per city of Phoenix which allows for many uses/developments. The current building is turnkey for a car repair shop business owner/end user. It’s also an excellent opportunity for a rental income producer or for future development. The two lots to the south of the subject are owned by city of Phoenix in which have expressed they would like to sell.
The Marshals said a real selling point of their property is its location on Central Avenue with Central Avenue frontage and proximity to everything. There is also a lot of future development in the works, anyone who is looking to the future would get a great investment as the city continues to build/develop and Central Phoenix is a popular location.
I love these old school buildings says agent Juan Pesqueira, I hope the new owner is an Auto mechanic who changes nothing because these old school buildings are becoming scarce in the city. Its good to keep things original. This is an old school man/women’s type auto shop, don’t bring those electric toys here, trucks, vintage cars, Shelby mustangs, and so on…
The building was built in 1946, the Marshals purchased in 1988. Before owning the property, it was a transmission shop, Red Rooster bar, and Bashas grocery store. Like the Marshals, all these businesses come and go, and all good things come to an end. Asking price of $500,000 is a bargain says agent Juan Pesqueira…
For more information, to view, or tour this vintage commercial property for sale please contact Real estate agent Juan Pesqueira.