BusinessSeptember 25, 2023
Former auto dealership location sold in Jackson
The former Ford Groves dealership property at 825 E. Jackson Blvd. in Jackson sold Aug. 31 to an investment buyer planning to use it as a leased location, according to Lorimont Commercial Real Estate's Tom Kelsey. No sales price was disclosed for the transaction, but the asking price for the 3,224-square-foot building was $525,000...
The former Ford Groves dealership property at 825 E. Jackson Blvd. in Jackson sold Aug. 31 to an investment buyer planning to use it as a leased location, according to Lorimont Commercial Real Estate's Tom Kelsey.
No sales price was disclosed for the transaction, but the asking price for the 3,224-square-foot building was $525,000.
Lorimont has also listed for sale Ford Groves' property at 1501 N. Kingshighway in Cape Girardeau, which remains open while a new site for the business is sought.
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Ford Groves recently sold to Andy Patel and Bob Neff, who rebranded the parent company in July as Blue Oval Auto Group.
Neff told the Southeast Missourian the 109-year-old Ford Groves is one of the 20 oldest Ford dealerships in the United States.
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