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635 Seaman Ave 3,000 SF Retail Building North Baldwin, NY 11510 $2,150,000 ($716.67/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- This mechanic shop is pristine, ready to go for a new owner with everything they would need to succeed.
EXECUTIVE SUMMARY
Total of 4 bay auto shop (3 interior bays, 1 exterior), total of 5 car lifts (one of which is for heavy trucks), tire machines, inspection machines, compressors, bulk oil delivery and storage tanks. Parking for 30 cars. Corner piece of property. Veteran owned shop. Everything is clean and it all works. Truly no negative here. Owner is looking to retire and relocate. ASKING PRICE IS FOR THE BUSINESS & PROPERTY TOGETHER, PACKAGE DEAL.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,000 SF
Building Class
C
Year Built
1958
Price
$2,150,000
Price Per SF
$716.67
Cap Rate
6.50%
NOI
$139,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.30 AC
Zoning
Automotive - Retail Auto Repair Shop, Tire Shop, Commercial Garage
Parking
41 Spaces (13.67 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2089-36-418-00-0061-0 | Improvements Assessment | $1,124 |
| Land Assessment | $2,345 | Total Assessment | $3,469 |
PROPERTY TAXES
Parcel Number
2089-36-418-00-0061-0
Land Assessment
$2,345
Improvements Assessment
$1,124
Total Assessment
$3,469
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Presented by
Sligo Strategies
635 Seaman Ave
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