766 S. Oates St | The Rim Shop

Investment Overview

Unique opportunity to acquire a well-established automotive retail and service property with the option to purchase the operating business (The Rim Shop). Situated on approximately 1.04± acres, the property includes approximately 7,070 SF building consisting of ±4,070 SF of warehouse space with 10' roll-up door and 13' clear height and ±3,000 SF of retail/office space. The building features a new roof and exterior paint. There is an additional ±400 SF freestanding office building and a ±1,500 SF rear metal building on-site. The property is well-equipped for automotive related service and offers ample parking and outdoor storage. Equipment and inventory may be purchased separately, providing buyers with flexible acquisition options.

Investment Highlights

• Purchase Options:
• Real Estate: $668,832
• Equipment: $150,000 (available separately)
• Inventory: $50,000 (available separately)
• Operating business available for purchase. Price to be negotiated with Seller.
• Building features new roof and exterior paint
• 10' roll-up door with 13' clear height. 3-phase power
• Approximately 11,000 VPD on S. Oates Street (2025 AADT)
• Only 1/2 mile from Downtown Dothan (Main Street)
• Approximately 1.7± miles from Ross Clark Circle
• Excellent visibility with direct frontage on S. Oates Street
• Paved parking and outdoor storage area with partial newly sealcoated parking lot
• Existing automotive service infrastructure
• Equipment and inventory available separately
• Operating business may also be available for purchase