1. Oregon
2. Salem
3. 4787 Lancaster Dr NE

4787 Lancaster Dr NE, Salem, OR 97305

• 4,000 sqft

Property Description

Highline Motors is a profitable, turnkey pre-owned auto dealership in desirable North Lancaster Business Park. The business was built from scratch and has been in operation for over 6 years with a stellar online reputation and optimized SEO presence. The structure of the business is brilliantly designed for minimal tax exposure. Currently, the business uses consignment flooring for vehicle inventory - the flooring credit limit is unique to owner and depends on their qualifications. Customers can use CUDL (credit union direct lending) to connect with a network of credit unions for financing. This creates cash incentives for the dealership, which add around $40,000 / year to the bottom line. CUDL membership is also unique to the owner, but qualifying is not difficult. The sale includes all owned inventory, branding, lease takeover, and all office materials. Flexible landlord - additional option periods and re-write will be unique to buyer. The leased building is a 40’ X 100’ warehouse on slab with two roll-up doors, new visqueen insulation, a full office & lobby area with two restrooms, and an upstairs loft & storage area. Attractive seller-carried financing available.

Listing Status:

Active

Listing Office:

JOHN L. SCOTT-SALEM : 503-585-0100

Listing Agent:

ALEX MCCARTHY : 541-514-1779

MLS ID:

812730

Location

• Originating MLS: Black Knight 2 - Willamette Valley Multiple Listing Service
• County: Marion

Financial

This listing courtesy of ALEX MCCARTHY, JOHN L. SCOTT-SALEM