NAPA Auto Store - Tok & Additional, Fully Leased Separate Building US Survey 2723, Lots 5 & 6 & Lots 86 & 87, Plat #85-55 Apr. 4.78 acres (total)
Nice highway frontage and exposure. A tremendous opportunity for the "Right" people who want to make a change in their life, live in a small, friendly community and enjoy the Alaska lifestyle. You should have a basic business understanding with some experience in the mechanic / auto parts field. Although the Owner/NAPA, both will provide training.
The NAPA Auto Parts store has been up and running for many years and shows a constant increase in the business, mainly due to the fact that Tok is a growing community. The Auto Parts store actually services an area from the Canadian Border to Eagle and half way to Delta Junction and Glennallen and all the places in-between.
The NAPA building is apr. 5.200 sq.ft. and includes the 1,200 sq.ft., 3 Bedroom Owner's Unit, to make it the "Perfect" family operation. In addition, you have the separate, adjacent building (apr. 2,400 sq.ft.)
The adjacent building is leased to Denali Bank (see enclosed Lease at $2,000.- per month) with 3 more 5 year Option periods with increases in the lease price, plus the State of Alaska is leasing apr. 1/3 of the building, at apr. $1,112.- per month (see enclosed Lease) on a monthly basis.
So you have a built in income of apr. $3,100.- monthly from the additional building plus the large income generating machine of the NAPA Auto Store, with gross sales of apr. $600,000.- per year.
Please make sure and check with your bank about financing, as there may be some great opportunities with the AIDA State Loan Program, low interest, etc. upon qualification. Let us know how much down payment you would have available for the seller to consider owner financing. Financial information will be available to a qualified buyer.
The 2,400 square foot bank building and the 5,200 square foot NAPA Auto Store are all on one lot (see plat). The other properties are for expansion or…..
The Price for ALL of this is only:
Which includes apr. $150,000.- worth of Inventory, Heating Oil and Propane.
The seller will assist in showing the property. We need at least a 1 to 2 day notice, so please "No Surprise Visits". All appointments must be made through our office".
“Please no surprise visits. All appointments must be made through our office”.