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Auto Repair Shop For Sale on Larchmont Border 2 Valley Place 2,900 SF 100% Leased Industrial Building Larchmont, NY 10538 $895,000 ($308.62/SF) 8% Cap Rate
Investment Highlights
- Building Size: 2,400 SF with a Total Lot Size: 4,792 SF
- High-visibility corridor
- 5 minutes to Metro-North stations
- Two Roll-Up Doors + Shop Area: 2,100 SF + Office/Waiting Area: 300 SF
- Urban location with suburban advantages
Executive Summary
OWNER USER OPPORTUNITY
An exceptional industrial/automotive-use property located on the highly trafficked border of Larchmont and New Rochelle in Westchester County. This 2,400 SF auto repair shop sits on a 4,792 SF lot with additional 1,892 SF paved parking and offers flexible use options under SB-R zoning, including auto services, retail, restaurant, office, or other commercial ventures.
Positioned in a high-visibility, commuter-friendly corridor near Fifth Avenue, the property is ideal for owner-users, investors, or developers looking to repurpose or expand within a thriving suburban market. With two existing lifts (space for two more), dual roll-up doors, and ample outdoor parking, this is a ready-to-operate or value-add opportunity.
Proforma 8% CAP RATE
Demographic Overview
Population & Households
1 Mile Radius: 21,014 residents | 7,516 households
3 Mile Radius: 140,641 residents | 50,777 households
Median Age
1 Mile: 42.5 years
3 Miles: 41.7 years
Median Household Income
1 Mile: $150,408
3 Miles: $118,178
Daytime Employment
1 Mile: 6,981 employees
3 Miles: 49,921 employees
Daily Traffic Count: 2,198 vehicles
Total Employment
2 Miles:29,137 employees / 4,143 businesses (7 employees per business)
5 Miles:120,210 employees / 16,815 businesses (7)
10 Miles:627,095 employees / 80,344 businesses (8)
Zoning & Use Potential
Located in the SB-R (Service Business District) zoning area, the property allows for a wide variety of as-of-right commercial uses, creating strong redevelopment or re-purposing potential beyond auto repair.
Zoning Use Options Include:
Automotive Service / Repair
Office or Professional Use
Restaurant or Ice Cream Parlor
Nursery / Garden Center
Retail / Showroom
Medical or Wellness Facility
An exceptional industrial/automotive-use property located on the highly trafficked border of Larchmont and New Rochelle in Westchester County. This 2,400 SF auto repair shop sits on a 4,792 SF lot with additional 1,892 SF paved parking and offers flexible use options under SB-R zoning, including auto services, retail, restaurant, office, or other commercial ventures.
Positioned in a high-visibility, commuter-friendly corridor near Fifth Avenue, the property is ideal for owner-users, investors, or developers looking to repurpose or expand within a thriving suburban market. With two existing lifts (space for two more), dual roll-up doors, and ample outdoor parking, this is a ready-to-operate or value-add opportunity.
Proforma 8% CAP RATE
Demographic Overview
Population & Households
1 Mile Radius: 21,014 residents | 7,516 households
3 Mile Radius: 140,641 residents | 50,777 households
Median Age
1 Mile: 42.5 years
3 Miles: 41.7 years
Median Household Income
1 Mile: $150,408
3 Miles: $118,178
Daytime Employment
1 Mile: 6,981 employees
3 Miles: 49,921 employees
Daily Traffic Count: 2,198 vehicles
Total Employment
2 Miles:29,137 employees / 4,143 businesses (7 employees per business)
5 Miles:120,210 employees / 16,815 businesses (7)
10 Miles:627,095 employees / 80,344 businesses (8)
Zoning & Use Potential
Located in the SB-R (Service Business District) zoning area, the property allows for a wide variety of as-of-right commercial uses, creating strong redevelopment or re-purposing potential beyond auto repair.
Zoning Use Options Include:
Automotive Service / Repair
Office or Professional Use
Restaurant or Ice Cream Parlor
Nursery / Garden Center
Retail / Showroom
Medical or Wellness Facility
Property Facts
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Property Taxes
| Parcel Number | 3289-001-000-00003-000-0001-1 | Improvements Assessment | $1,832,600 |
| Land Assessment | $3,206,400 | Total Assessment | $5,039,000 |
Property Taxes
Parcel Number
3289-001-000-00003-000-0001-1
Land Assessment
$3,206,400
Improvements Assessment
$1,832,600
Total Assessment
$5,039,000
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Auto Repair Shop For Sale on Larchmont Border | 2 Valley Place
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