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INVESTMENT HIGHLIGHTS
- Longstanding business with strong regional reputation
- Potential for continued growth in service and sales
- Fully equipped with tools and machinery Expert team with deep experience in diagnostics and repair
EXECUTIVE SUMMARY
Offered for sale is an Automotive Service Business that is currently NYS Repair, Sales and State Inspection certified. Established 35 years ago, Capitol Mechanics, Inc. has grown to become one of the most reputable Automotive Services in the Capital District Area with a Better Business Bureau rating of A+, AAA approved and a large percentage of repeat customers. The shop is well equipped to work on most all makes and models of vehicles, including classics. The owners are planning to retire but are willing to assist in the ownership transfer.
This sale includes a 7-bay building with 5 lifts, diagnostic and repair equipment and a machine shop. The shop is located on Rt. 40 that has about 12,000 vehicles per day traffic. The building has a new roof, radiant heat floor and A/C in both the office and shop areas.
This sale includes a 7-bay building with 5 lifts, diagnostic and repair equipment and a machine shop. The shop is located on Rt. 40 that has about 12,000 vehicles per day traffic. The building has a new roof, radiant heat floor and A/C in both the office and shop areas.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
4,946 SF
Building Class
C
Year Built
1960
Price
$499,000
Price Per SF
$100.89
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.20
Lot Size
0.58 AC
Zoning
HC - Commercial Retail Car Repair
Parking
38 Spaces (7.68 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Signage
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 4289-070.16-3-16.2 | Improvements Assessment | $22,100 |
| Land Assessment | $6,000 | Total Assessment | $28,100 |
PROPERTY TAXES
Parcel Number
4289-070.16-3-16.2
Land Assessment
$6,000
Improvements Assessment
$22,100
Total Assessment
$28,100
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152 Speigletown Rd
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