My shop is closed but I still own the building. Can I sell it as an auto repair property?
An empty auto building can be easier to buy than you'd think. Some buyers want exactly that: a building they can renovate and open themselves.
If this sounds like youThe bays are quiet now. The building still has lifts and good bones, and you'd rather see it working than boarded up.
What you can do.
Sell it as is
Some buyers want empty buildings to renovate their own way.
Clean it up and sell
Clear it out and fix the obvious problems, then show it.
Lease it to a shop first
Rent can carry the building while you decide.
What to watch for.
- Check what an empty building means for your zoning and insurance.
- Keep the heat on and the roof tight. Water damage costs more than anything.
- Have records ready on tanks, floor drains and anything environmental.
Owner to owner, and it stays private.
Lotus buys auto buildings, renovates them with our own crew and opens one of our shops inside. An empty garage on a main road is something we want to see.
James StephensonLotus, Massachusetts and Connecticut
Quick answers.
Does the building need to be open to sell?
No. Lotus and other buyers look at empty buildings too.
What about old equipment?
Lifts and compressors can stay or go. Talk it through with the buyer.
Thinking about what comes next for your shop or building?
Tell James a little about it. Only James reads it, and the conversation stays private. No pressure, no broker and no mailing list.