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Sage's Automotive 2646 NY-16 1,464 SF Retail Building Olean, NY 14760 $500,000 ($341.53/SF)



Investment Highlights
- Heavy Traffic Area, Turn Key, Established business, Customer List available
- Machine transferable to new owner
- Two large Garage Bays, Equipment and tools go with sale, 1.4 acre lot, 40+ parking spaces, Extra septic for other housing options, NYS Inspection
Executive Summary
Auto Repair Shop-Do not miss this incredible established business/investment opportunity, which has been in service for 23 years, and to purchase a successful 9,600 square foot auto repair shop located on NYS RTE. 16, with high visibility, high traffic count, and 40+ surfaced parking spaces on both sides of the shop and in front. Has 2 ten foot overhead bay doors with two car lifts. Take advantage of this freestanding turnkey cash-flowing commercial asset with an attached office/main lobby that is ideal for customer intake and waiting room. There is also a utility/storage room at the back of the main office/lobby area with attached Semi Trailer for extra storage. There's a half bath, pellet stove for backup heat, water tank and breaker box. The garage area is heated with a forced air overhead blower. Equipment, tools, Office furniture, Exhaust inventory, and NYS Inspection Machine, and more, will transfer upon purchase. Ask for the list of Equipment that will transfer. Also, established repeat customer list will be transferred. There are two lots totaling 1.4 acres. The back vacant lot has an extra septic that has not been used for some time. There used to be two mobile homes on the back lot. No underground storage tanks. Electric hot water tank Rubber roof is 20 years old. Seller will allow new owner to keep the name if they want to and will stay on to help with getting them established if needed.
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- Miscellaneous
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,464 SF
Building Class
C
Year Built
1950
Price
$500,000
Price Per SF
$341.53
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.59 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 046600 85.019-1-58.1 | Improvements Assessment | $45,000 |
| Land Assessment | $10,000 | Total Assessment | $55,000 |
Property Taxes
Parcel Number
046600 85.019-1-58.1
Land Assessment
$10,000
Improvements Assessment
$45,000
Total Assessment
$55,000
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Sage's Automotive | 2646 NY-16
