7523 Coldwater Canyon Avenue

North Hollywood, CA 91605

$250,000

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Property Description

Welcome to Tire Hive, a well-established tire and mechanic shop with an International auto auction license, strategically located in a bustling area surrounded by seven major body shops that regularly refer customers. This highly functional shop features a large, secured parking lot with four dedicated parking spots, and the flexibility to utilize up to 10 spots for inventory and customer vehicles. The property is secured with a gated entry, providing peace of mind for both owners and clients. Tire Hive specializes in new and used tires and boasts an impressive selection of over 50 different wheel brands. The shop is fully equipped with mechanic tools and workspaces for a variety of services, including a balance machine, 2 tire changers, a high-capacity air compressor, and a flat repair station, allowing for comprehensive tire and vehicle maintenance. The business benefits from its proximity to Tire Network, one of the largest tire distributors, located just 2 minutes away, ensuring quick access to inventory. With $70,000 worth of stock on hand, customers can count on prompt service, and the shop’s auto auction license allows it to sell several vehicles each month, creating an additional revenue stream. The property has been fully upgraded with brand-new, 240-amp capacity power wiring throughout, and outlets have been professionally installed by a licensed commercial electrician, ensuring the shop can handle the heavy-duty demands of modern automotive services. Additionally, the shop features brand-new, custom-built covered parking for two vehicles, 12' high, 16' wide, and 24' deep, perfect for working in any weather. Inside, you'll find a 240 sqft office, complete with a 65" Samsung smart TV, a sleek office desk, and a work cell phone, all included in the sale, offering a comfortable and professional space for management. Tire Hive also specializes in tires for electric vehicles, ensuring it serves a broad range of customers. With its central location and established relationships with local businesses, Tire Hive is primed for continued success. Whether you’re looking to expand into the auto auction market or run a full-service tire and mechanic shop, this business offers everything you need to thrive. Take advantage of this rare opportunity—Tire Hive is ready for its next chapter of growth!

Listing Information

List Price $250,000
Status Active
MLS SR24241361
Type Business
Lot Size N/A
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Courtesy Of Re-Search Concept
Listing Agent Caroline Harabedian DRE#01791821

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Maps

Listing information courtesy of: Caroline Harabedian, Re-Search Concept . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 4th, 2024 at 5:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.