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13 Main St 2,344 SF 100% Leased Retail Building Ogdensburg, NJ 07439 $1,200,000 ($511.95/SF) 7.60% Cap Rate
INVESTMENT HIGHLIGHTS
- The garage has excellent visibility on a high traffic road (Rte 517). The main house is completely renovated and features a gorgeous indoor pool.
EXECUTIVE SUMMARY
Remarks: GREAT OPPORTUNITY! This unique mixed use investment property has unlimited potential. A 4-Bay garage plus office, set up as a "Do It Yourself (DIY) auto repair shop, comes fully equipped with lifts, tire machine and tools for servicing and repairing most required auto repairs at affordable daily or hourly rental prices. Additionally, there are 2 connected homes in the rear of the shop that are available for rent or a mother/daughter set-up depending on what the situation calls for, which could provide an additional source of income. Both homes are completely renovated. The main house is currently a 3-BR, 2 1/2 Bath home with an indoor swimming pool, L/R,D/R Master Suite and Kitchen. There is a custom wet bar in the pool area and many other gorgeous features. Connected to the main house is a second dwelling which can function as a mother/daughter apartment with 1 BR and 1 Bath and a second rental unit with 1 BR and 1 Bath, L/R, Kitchen and basement playroom. Attached in the Media Section of this listing is a Pro forma projection of the income potential for the entire property. Set on 1 parklike acre of property on Main Street (Rte 517), in Ogdensburg, the DIY business has high visibility to draw in daily or monthly rental users or investors. The prospects for this income producing property are endless. A must see for qualified business owners or investors. Needs a new septic system. Engineering and approvals are already in place. Price already reflects replacement costs.
Agent Remarks: Mixed use property. 24 hours notice is required for all showings. Listing agent must accompany, Call Charlie (201-888-6921) to show. QUALIFIED BUYERS ONLY. Prequal Letter and/or POF is required. A gas line has been brought in from the street for future conversion from oil for residences.
Sale consists of commercial space as well as residential properties.
Agent Remarks: Mixed use property. 24 hours notice is required for all showings. Listing agent must accompany, Call Charlie (201-888-6921) to show. QUALIFIED BUYERS ONLY. Prequal Letter and/or POF is required. A gas line has been brought in from the street for future conversion from oil for residences.
Sale consists of commercial space as well as residential properties.
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,344 SF
Building Class
C
Year Built/Renovated
1968/2021
Price
$1,200,000
Price Per SF
$511.95
Cap Rate
7.60%
NOI
$91,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.03 AC
Zoning
BC - Mixed Use: 4 Bay automotive garage with office and 2 attached residences.
Parking
13 Spaces (5.55 Spaces per 1,000 SF Leased)
Frontage
93’ on Main Street
PROPERTY TAXES
| Parcel Number | 16-00011-0000-00005 | Total Assessment | $528,400 (2025) |
| Land Assessment | $127,800 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $400,600 (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
16-00011-0000-00005
Land Assessment
$127,800 (2025)
Improvements Assessment
$400,600 (2025)
Total Assessment
$528,400 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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