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Key Details
Sold Price $2,450,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS23020896
Sold Date 11/15/24
HOA Y/N No
Year Built 1985
Lot Size 7,697 Sqft
Property Description
We are selling the following body shop. Pete's Collision Center is located at 188 N Daisy Ave, Pasadena, CA 091107.
Essentially it is a fully equipped turn-key shop and has a Grandfathered semi-down spray booth and a dedicated paint mixing room. It also has a Chief measuring system, Cellette bench, and ProSpot equipment, along with many other lifts, frame machines, and a total of 9 bays on a 7,700 sq ft lot.
The owner appraised the property and the business and has an assumable $2,130,000 loan from the SBA. All the equipment has been paid off and would be included in the sale.
Thus you can either buy only the shop and sign a long-term triple net lease, or assume the loan and buy both the land and the shop.
Location
State CA
County Los Angeles
Area 646 - Pasadena (Ne)
Zoning CM
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Paved
Story 1
Water Public
Others
Tax ID 5748001004
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Government Loan, Lease Option, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Government Loan, Lease Option, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with NONE NONE • None MRML
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256