Listing provided courtesy of JUSTIN CHU of KELLER WILLIAMS REALTY. Last updated 2024-11-06 09:18:06.000000. Listing information © 2024 Sandicor.
Asking Price: $2,500,000
188 Daisy, Pasadena CA 91107
Community: 646 - Pasadena (NE)
This Retail property was built in 1985 and is priced at $2,500,000. Please see the additional details below.
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.