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1907 Van Vranken Ave 2,612 SF Retail Building Schenectady, NY 12308 $750,000 ($287.14/SF) 13.26% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Turn Key Business
  • Heavily Traffic Area
  • Highly Successful Financials

EXECUTIVE SUMMARY

RARE OPPORTUNITY. Own and expand a Trusted local business for over 30 years. This HIGHLY SUCCESSFUL auto repair shop has been serving the community for decades. Turnkey operation comes fully equipped including customer database, service history, extensive inventory, and top-tier mechanic equipment.4 service bays, 3 hydraulic lifts, and a full suite of professional-grade tools and systems, including:Strut compressor,Plasma cutter,25-ton puller,Tire mounting & balancing machines,Transmission fluid exchanger,Air compressor & powered transmission jack,AC recharge station,MIG welder & acetylene torch,Pipe bender, insulated overhead doors,6-camera security system,EPA-approved space for body work. The property offers an air condition work space with office and lobby.
Private Remarks: This sale Includes 3 parcels. 1907 & 1903 Van Vranken Ave & tax id # 421500 39.35-16.Total acres .24. with 20 with parking spots. 20 car spaces. Zone C5- Includes many other commercial options. No showings during business hours Call listing agent for appointment only.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,612 SF
Building Class
C
Year Built
1955
Price
$750,000
Price Per SF
$287.14
Cap Rate
13.26%
NOI
$99,450
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
5 - City of Schenectady zoned C5- Business Includes Light manufacturing, Restaurants, Retail, Office, Wholesale, Service and gasoline station, and more.
Parking
23 Spaces (8.81 Spaces per 1,000 SF Leased)
Frontage
132’ on Van Vranken Ave

AMENITIES

  • Pylon Sign
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

Starbucks
TrustCo Bank
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
039-035-0002-014-000-0000
Land Assessment
$20,400
Improvements Assessment
$70,000
Total Assessment
$90,400
  • Listing ID: 37704290

  • Date on Market: 9/17/2025

  • Last Updated:

  • Address: 1907 Van Vranken Ave, Schenectady, NY 12308

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