Abandoned BMW Dealership in Oakville up for grabs.

UltimateBlogger · 11-03-2011, 03:41 PM

When we wrote about the abandoned BMW dealership back in August, we posed numerous questions and even after the entire world picked up on the story, none of us received any answers. When we finally managed to get one-on-one time with the owner he flat out refused to answer any of our questions. Yet this week, the place was put up for sale by Indusite Realty Corp. An interesting turn of events in which the owner is likely hoping to ride his newfound exposure to the top of sugar mountain. The place is reportedly listed for 3.6 million dollars, a number reportedly considered on the high side by people in the industry.

BMW Fanatic · 11-03-2011, 03:46 PM

Do you get the cars? If so then an avid BMW collector should be all over this. Nobody knows what the hidden sections hold, imagine there was an unused "M1" in there

AudiS5 · 11-03-2011, 04:02 PM

Quote:

Originally Posted by BMW Fanatic

Do you get the cars? If so then an avid BMW collector should be all over this. Nobody knows what the hidden sections hold, imagine there was an unused "1M" in there

1M

M1

mdosu · 11-03-2011, 04:06 PM

wow, that place is literally stuck in time!

I don't think that place is worth more than the land value and the building shell value. The value in it is really for someone who wants to turn it back into another car dealership. There's probably extensive work that needs to go into the building to get it back into code. It's a pure car dealership business play here, I don't think the 1980's BMWs on the lot needs to be factored so much...

Plus, how much is a 198X 6 series really worth, it's all peanuts compared to the asking value for the land and building itself.

mkPOTO · 11-03-2011, 04:41 PM

i read about this awhile back, went by it when i was in canada pretty sweet

1MOREMOD · 11-03-2011, 04:42 PM

lets get our own m3 post dealership! we can sell all the parts on this site out of it as well as get cost on every new car?

BMW Fanatic · 11-03-2011, 07:21 PM

Quote:

Originally Posted by AudiS5

1M

M1

UltimateBlogger · 11-03-2011, 09:06 PM

It looks like I forgot to attach the article link. Here it is: http://www.endrasbmw.com/03/for-sale...p-in-oakville/

mjollnir19 · 11-04-2011, 12:30 AM

wow

SchnellM3 · 11-06-2011, 11:22 PM

Found this on Jalopnik, has anyone here seen it in person?

Quote:

The ghost BMW dealership is for sale

Three months ago we introduced you to a ghost BMW dealership in Canada abandoned since 1988. The next day, we introduced you to its owner. Today we learn that the dealership, including the rotting cars inside its plate-glass walls, are up for sale, and can be yours for $3.6 million.

The dealership's owner, who isn't exactly the chatty type, is looking to cash in on new-found attention (by stories like the one we and others ran back in August) to the dealership, which has been sitting untouched for two decades in the small town of Oakville, Ontario.

If you'll remember, the boys at the MaxBimmer forums and at Endras, a local BMW dealership, discovered that in 1988 the dealer, operating under the name "Citation Motors," had its license revoked for unknown reasons. They then moved to Toronto under the name "Downtown BMW" which in 2002 closed up shop.

The owner, apparently a well-to-do businessman, seemed to have little interest in selling the place, or even the inventory, considering that everything's been left intact. As we said before, one hundred percent frozen in time is the only fitting description for this place.

We're assuming the $3.6 million price includes the two cars on the showroom floor and all the vehicles in the service bay, as well as the underground level, which would make a great theater to watch car movies on a giant screen.

If it were us, we'd buy it, take over the garage, build that theater and turn the rest of the place into the largest damn Tim Horton's the world has ever known. What say you, eh?

http://jalopnik.com/5856221/the-ghos...ip-is-for-sale

http://jalopnik.com/5829911/the-myst...bmw-dealership

http://jalopnik.com/5830318/the-man-...bmw-dealership

yakev724 · 11-07-2011, 12:12 AM

Seems like a really cool place to visit. 25yo time capsule.

john9 · 11-07-2011, 12:29 AM

Thanks! So much information.

11-03-2011, 03:41 PM	#1
UltimateBlogger Alexander Drives: '11 E92 335i M-Sport Join Date: Jul 2011 Location: Toronto Posts: 102 iTrader: (0)	Abandoned BMW Dealership in Oakville up for grabs. When we wrote about the abandoned BMW dealership back in August, we posed numerous questions and even after the entire world picked up on the story, none of us received any answers. When we finally managed to get one-on-one time with the owner he flat out refused to answer any of our questions. Yet this week, the place was put up for sale by Indusite Realty Corp. An interesting turn of events in which the owner is likely hoping to ride his newfound exposure to the top of sugar mountain. The place is reportedly listed for 3.6 million dollars, a number reportedly considered on the high side by people in the industry. Attached Images __________________ Gone but not forgotten '11 135i M-Sport (Company Car)/'90 325i Convertible (Resto Project)/'07 GTI (Storage)/'94 ex-police Grand Cherokee (1st)
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11-03-2011, 03:46 PM	#2
BMW Fanatic Colonel Drives: slow Join Date: Jul 2009 Location: Calgary Posts: 2,874 iTrader: (9)	Do you get the cars? If so then an avid BMW collector should be all over this. Nobody knows what the hidden sections hold, imagine there was an unused "M1" in there __________________ Arkym Hood CF, VMR 710 10F 11R, 265/295, OEM Performance Spoiler, Challenge Lip GB, H&R, iND CP, 5/15% tint, MS Air Scoops in Mexico Blue, more coming soon. Last edited by BMW Fanatic; 11-03-2011 at 07:20 PM.

11-03-2011, 04:06 PM	#4
mdosu Help! Can't decide btw MW & AW, 1st world problems Drives: 2008.99989 SSII E90 "Civic" Join Date: Oct 2009 Location: Northern Virginia Posts: 5,944 iTrader: (4)	wow, that place is literally stuck in time! I don't think that place is worth more than the land value and the building shell value. The value in it is really for someone who wants to turn it back into another car dealership. There's probably extensive work that needs to go into the building to get it back into code. It's a pure car dealership business play here, I don't think the 1980's BMWs on the lot needs to be factored so much... Plus, how much is a 198X 6 series really worth, it's all peanuts compared to the asking value for the land and building itself. __________________ Yes, that's a xmas tree in my trunk

11-03-2011, 04:41 PM	#5
mkPOTO Mr. Nice Says Hello Drives: 1999 528I Join Date: Dec 2008 Location: Chicago Posts: 13,509 iTrader: (19) Garage List 2008 BMW E92 M3 [2.66] 1999 BMW E39 528i [2.20] 2007 BMW E92 335I [3.00]	i read about this awhile back, went by it when i was in canada pretty sweet __________________ BMW E92 M3 EVOLVE Stage II \| EVOLVE X-Pipe \| EVOLVE E-Tronic Exhaust Macht Schnell Stage II intake \| KW V3 \| Volk TE37SL \| BMW Performance Spoiler

11-03-2011, 04:42 PM	#6
1MOREMOD Major General Drives: at a moderate pace Join Date: Mar 2009 Location: garage Posts: 6,528 iTrader: (3)	lets get our own m3 post dealership! we can sell all the parts on this site out of it as well as get cost on every new car? __________________ 02 Tiag e46 M3\|6MT\|GC plates\|MCS c.o.\|GC race control arms\|GC bushings & bearings\|BW eng. & tran. mounts\|subframe kit\|BW race shifter\|BW Jaffster knob\|Euro header\|Eisenmann sport\|K&N c.a.i.\|Seibon CF hood\|CSL bumper\|CSL brakes\|RS19s\|SS lines\|half cage\|Recaro profi\|Profi 2 harness\|race pulleys\|BMWpedals\|Apex studs\|1995 Ford Probe gt chump car\|

11-03-2011, 09:06 PM	#8
UltimateBlogger Alexander Drives: '11 E92 335i M-Sport Join Date: Jul 2011 Location: Toronto Posts: 102 iTrader: (0)	It looks like I forgot to attach the article link. Here it is: http://www.endrasbmw.com/03/for-sale...p-in-oakville/ __________________ Gone but not forgotten '11 135i M-Sport (Company Car)/'90 325i Convertible (Resto Project)/'07 GTI (Storage)/'94 ex-police Grand Cherokee (1st)

11-04-2011, 12:30 AM	#9
mjollnir19 Major Drives: BMW 335i DINAN 3 Join Date: Nov 2010 Location: NJ Posts: 1,265 iTrader: (13) Garage List 2009 BMW E90 335i LCI [4.75]	wow

11-07-2011, 12:12 AM	#11
yakev724 Brigadier General Drives: 06 330i Join Date: Jul 2010 Location: Long Island Posts: 3,536 iTrader: (48)	Seems like a really cool place to visit. 25yo time capsule.

11-07-2011, 12:29 AM	#12
john9 New Member Drives: BMW 3 Join Date: May 2011 Location: New York Posts: 24 iTrader: (0)	Thanks! So much information. __________________ To the world you may be one person,but to one person you may be the world.

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