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7544 Rt-31 9,840 SF Vacant Retail Building Lyons, NY 14489 $349,900 ($35.56/SF)



INVESTMENT HIGHLIGHTS
- High Traffic Count
- Can separate work Areas
- Separate Housing in the back
- Offer 10-12 Bays
- Large Waiting Area with Office space
EXECUTIVE SUMMARY
Business opportunities await in this Commercial/Residential property which boasts a 10,000 SF block building, over 1 acre of land and a 1,100 SF mobile home. The building is currently host to a used car dealership, body, and repair shop. The shop offers 10-12 bays with 2 14' overhead doors and 1 10'ft. Snap-On Alignment machine with movable system to use at any lift, 7 Service Lifts total. New Air Compressor in 2017, metal brake machine, shelving oil burning heater, EVAP Machine, NYS Inspection license and machine along with an alignment machine. All are in working order and included in the sale. Equipment worth over $30,000 in value. The front showroom/waiting room has plenty of space for patrons, desks, furniture... etc. Blacktop parking lot holds up to 50 cars with land to the West of the property for Lease if more parking is desired. House is roughly 1,100SF with 3 beds and 1 bath. Washer/dryer/stove and fridge included. Full Basement with forced air. Some updates. There are many possibilities here for potential income as well with leasing portions of the shop and/or the home to help supplement expenses. No environmental issues reported.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,840 SF
Building Class
C
Year Built
1965
Price
$349,900
Price Per SF
$35.56
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.02 AC
Zoning
Commercial/Residential - Currently approved as automotive sales, service and repairs. Includes a New York State Inspection License.
Parking
50 Spaces (5.08 Spaces per 1,000 SF Leased)
Frontage
208’ on Rt-31 Rd
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 542800-070-111-0000-253-644-0000 | Improvements Assessment | $112,700 |
| Land Assessment | $16,000 | Total Assessment | $128,700 |
PROPERTY TAXES
Parcel Number
542800-070-111-0000-253-644-0000
Land Assessment
$16,000
Improvements Assessment
$112,700
Total Assessment
$128,700
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7544 Rt-31
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