Thanks for the advice everyone. I don;t want to go into this blind-sided and I'm doing my homework now to make sure everything is on the up and up.

I'd like to start small, but what area of specialty should I start off in? I prefer mechanical/electrical over bodywork but I have the personal ability to do it all.

The building i'm looking at is in town ( a small town of roughly 1400 people) and was formerly a collision shop. There are cities in the surrounding areas with bigger population, but to my knowledge there are no specialty shops within 100 miles so demand for one in that area is good.

I need to find out if the seller may include equipment with the purchase. That would give me a head start in the right direction.