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390 Smith Ridge Rd 2,200 SF Retail Building South Salem, NY 10590 $3,500,000 ($1,590.91/SF)



Executive Summary
Gas Station & Auto Repair Business AND PROPERTY 1.7839 ACRES for Sale! Rare opportunity to acquire a highly profitable, well-established gas station with a strong reputation in the affluent Northern Westchester market. Located on highly traveled Smith Ridge Road, this successful business has built a loyal customer base over many years and is known for its exceptional service and dependable operations. The property features a thriving fuel business along with a well-known foreign and European auto repair shop that generates consistent repeat business and referrals. The experienced repair operation provides a stable and diversified income stream in addition to fuel sales. There is significant upside potential for a new owner through increasing repair capacity, or adding convenience store offerings. This is an ideal opportunity for an owner-operator, mechanic, or investor seeking a turnkey business with immediate cash flow and long-term growth potential. Property Highlights: Established, highly profitable gas station Prime Westchester County location Well-known foreign & European auto repair business Strong reputation with loyal, repeat clientele Multiple revenue streams from fuel sales and automotive services Excellent opportunity to increase revenue through expansion Turnkey operation with proven financial performance Financials available to qualified buyers.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
2,200 SF
Building Class
C
Year Built
1922
Price
$3,500,000
Price Per SF
$1,590.91
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.10 AC
Zoning
GB
Parking
12 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
189’ on Smith Ridge
Somewhat walkable
30/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 3000-049-00B-09827-000-0024 | Improvements Assessment | $30,500 |
| Land Assessment | $27,700 | Total Assessment | $58,200 |
Property Taxes
Parcel Number
3000-049-00B-09827-000-0024
Land Assessment
$27,700
Improvements Assessment
$30,500
Total Assessment
$58,200
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390 Smith Ridge Rd
