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80 Water St 4,888 SF Retail Building Fredonia, NY 14063 $375,000 ($76.72/SF)
Investment Highlights
- $375,000 for land and building
- $500,000 Business/building/land/inventory
Executive Summary
Currently operating as an automotive repair shop, this property is offered at $375,000 for the building only. The facility is equipped with three-phase electric and includes an additional rental space generating $600 per month in income. The business and building may be purchased together for $500,000, which includes inventory, tools, and equipment—such as two lifts, tire machine, spring machine, compressor, and more (estimated value of $150,000-$170,000)—along with an established customer base. The property is a registered repair shop and features a New York State inspection station. Purchaser will be required to obtain state approval to continue inspection operations.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,888 SF
Year Built/Renovated
1960/2013
Price
$375,000
Price Per SF
$76.72
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.62 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Parking
10 Spaces (2.05 Spaces per 1,000 SF Leased)
Frontage
366’ on Water St
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 065801-113-065-0002-032-000 | Improvements Assessment | $30,120 |
| Land Assessment | $10,580 | Total Assessment | $40,700 |
Property Taxes
Parcel Number
065801-113-065-0002-032-000
Land Assessment
$10,580
Improvements Assessment
$30,120
Total Assessment
$40,700
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80 Water St
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