I have a 30K sq ft former auto dealership on a major highway. What could I use this building for.

Sits on 6 acres. Lifts, alignment machine and compressors are in working order. 6K sq ft show room with numerous closing offices
In Selling Property - Asked by Mike N. - Jun 10, 2010
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john d.
Researcher
Shady Cove, OR

repair off road vehicles and sell parts and accessories as well as outdoor surplus materials

Jun 10, 2010
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Samuel M.
Broker/Agent
Inglewood, CA

Auto Auctions
Plastics Mfg.
Electronics assembly etc.
Warehouse

Jun 10, 2010
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Malcolm H.
Owner/Investor
Rock Hill, SC

Office Space

Jun 10, 2010
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Valerie B.
Broker/Agent
Conyers, GA

You could sublease the show room for use of virtual office, depending on how much open space, it could be used as a Church or medical/dental office. The area with the lifts can be leased out to a franchise mechanic for repairs or quick oil change and tire. You have plenty of options to work with. Depending How flexible and creative you are. Don't hesitate to contact me with any question that you may have if I could be of any assistance.
Valerie Brown
Real Estate Broker
404-201-5138
OneNation Entiity LLC
www.OneNationEntity.com

Jun 12, 2010
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Richard P.
Broker/Agent
Myrtle Beach, SC

Depending on specific location, zoning, condition, and desired price, there may be dozens of possible uses. I hate to use the cliché “Think outside of the box”, but it is the best advice that I can give. I always throw the door wide open and see what I can do. Not too long ago, I was able to get an owner triple the best offer by another company because they narrowly focused on the obvious use. If you have questions or comments, please feel free to contact me.

Jun 16, 2010
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Alan C.
Broker/Agent
Suwanee, GA

Difficult property to fill. No one is expanding, so you'll have to entice tenants from other centers. Given the info provided, perhaps a gym, training facility, indoor/outdoor flea market, used book store, pawn shop, thrift store. For some of these, you may have to divide by office/warehouse and have several tenants. Obviously with 6 acres, you could subdivide and sell off a portion also, or ground lease to a fair, farmer's market, or other temp. use tenants. Many auto mall owners are in the same position. I would make a list of every auto mall tenant in the County, find out what they're paying, and see if I could make it worth their while to move to your spot. Lease it out dirt cheap for now for enough to ciover your your tax, insurance and utilities. Offer dramatic discounts for the first year, then rachet it up agressively for the next several years. If you're looking to sell, perhaps offer owner financing with 15 to 20% down, 20 year Amort, due in 5 years, then sell your note after the fact. Let me know how it works out!
Alan Callioni
VP/Managing Broker
DRP
770 904 2389

Jun 21, 2010
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Commercial A.
Appraiser
Los Angeles, CA

You need to hire a professional to conduct a highest and best use study. Price range from $1,500 to $3,500.

Jun 21, 2010
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Brandi L.
Oak Brook, IL

In addition to the adaptive re-uses mentioned, businesses which require large yards could also be targeted including landscapers, large contractors, transportation cos, utility cos among others.
Jim Blanchard
Inland Real Estate
jblanchard@inlandgroup.com

Jun 22, 2010
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William F. K.
Appraiser
Bay Head, NJ

I appraised a vacant Chrysler dealership in So. Jersey which was around 30K SF about 2 years ago and the buyer had approvals for conversion of the building into a grocery store and farmers market if you can believe that one, In fact, he got the place so cheap there is no doubt that he is making out like a bandit as we speak. Depending on the location of your building and what the zoning allows I would think you could perhaps finding a local warehousing tenant looking for space or hell maybe even something like conversion to a retail furniture showroom. I wouls think there's some pretty creative consultants willing to do a Highest and Best Use study or a feasibility study. I believe with some creativity and patience the possibilities are pretty much endless depending of course on the zoning requirements and the overall economy, but good luck nonetheless.

Jul 23, 2010
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Guy T.
Broker/Agent
Springfield, VA

Depends on the zoning, but if it is Heavy Industrial zoning, outside storage is the rarest type property, at least in the DC Metropolitan market. And the demand is high for outside storage, and the supply is low. And whether you decide to lease it or sell it, and if the intended use is outside storage, it can be both leased and or sold as is, where is, and there should be plenty of interested parties if it is truly on a major highway.
If anyone has heavy industrial properties for sale or lease, or needs an experienced property management company, and is in the DC Metropolitan and Northern Virginia areas, please contact me here:

Jul 27, 2010
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