Scott’s Addition Building Owners Get Quadruple Return After 3 Years
By Mike Platania, February 15, 2022
It would take a whole lot of tune-ups to equal the return the owners of Ironwood Automotive just hauled in on their Scott’s Addition real estate.
The shop, which specializes in repairs on Honda, Acura, Toyota and Lexus cars and is owned by local couple Kayla and Aaron Williams, this month sold its building at 1704 Belleville St. to real estate developer Bonaventure for $2 million.
Ironwood took over the 3,500-square-foot building that was home to Cosby’s Auto Service for 40 years. The Williamses made some upgrades to the shop, opened for business and then realized they had stumbled into the path of development in one of the city’s most sought-after neighborhoods.