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Auto Repair - Buy property & Business 980 Washington St 3,000 SF Retail Building Franklin Square, NY 11010 $2,700,000 ($900/SF) 18.52% Cap Rate



EXECUTIVE SUMMARY
Modernized Facility: The building has undergone comprehensive upgrades, ensuring a contemporary and efficient workspace.
Spacious Layout: Features a 450 sq ft mezzanine office, providing a comfortable and functional administrative area.
Ample Parking: Accommodates up to 30 vehicles, facilitating customer convenience and business operations.
Sustainable Energy: Equipped with upgraded solar panels, promoting eco-friendly operations and potential energy cost savings.
Strong Financials: The business reports a Net Operating Income (NOI) of $516,815, reflecting its profitability and stability.
Proof of Funds is required to access comprehensive financial information.
Diverse Revenue Streams: The business operates as a profitable auto repair facility, used car dealership, transport service, and EV charger provider.
Dealer License: Comes with a valuable dealer license, enhancing the scope of operations.
EV Charging Station: Listed on the Tesla charger map, attracting electric vehicle owners and expanding customer base.
Inspection Services: Includes an updated inspection license machine, adding to the range of services offered.
This offering presents an excellent prospect for both owner-operators and investors seeking a profitable, turnkey automotive business with a solid foundation and multiple income streams. The combination of a prime location, upgraded facilities, diverse services, and a strong brand makes this a compelling investment in the automotive industry.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Turnkey automotive facility available For Lease, with Lease to Own options, and sale considered. The building size is 2,550 square feet on a 10,160 square foot lot with 30+ car parking and strong corner visibility. Lease rate is 9,999 dollars per month NNN, which equals 47 dollars per square foot per year. This corner property has operated as auto repair since 1955 and the current operator has been in place for more than 17 years. The facility is equipped to handle ALL types of Repairs on ALL years, makes, & models! This shop is fully renovated, bright, and purpose built for high throughput. AI assisted scheduling on touch screen, estimates, and follow ups support a high average repair order and strong margins. Staff and systems can remain in place. Premium brand assets are available, including EverythingAuto.com valued over 15,000 dollars and EverythingAutoNY.com. Included assets if a sale is chosen are equipment and improvements valued at over 800,000 dollars. Approximately 2,550 square feet plus about 450 square feet of 2nd floor mezzanine office. Six lifts with flexible configurations. Extra open area too. Lot size about 10,160 square feet with 30 plus parking spaces. Upgraded power and lighting with solar in place. Updated NY state inspection equipment . Multiple EV chargers present on site with current listings to be verified by the tenant or buyer. Lease only of the entire shop at 9,999 dollars per month NNN with business purchase. Lease to Own Option A with 400,000 dollars down plus 9,999 dollars per month NNN and a balloon purchase at 2.30 million dollars within two years. Lease to Own Option B with 200,000 dollars down plus 12,000 dollars per month NNN and a balloon purchase at 2.50 million dollars within two years. Potential use cases subject to zoning and permits. Full service auto repair and New York State inspections. Diagnostics, programming, and ADAS calibration bay. Tires and alignments with retail display. Detailing, paintless dent repair, wraps, tint, paint protection film, and ceramic coating. Used car retail with reconditioning and photo bay. Fleet maintenance for delivery, trades, and service companies. Dealer overflow storage and prep. Charging services and mid destination amenities. Lot could possibly be rezoned & I'm sure the town would be delighted to do, retail, any other commercial, or even residential. Market snapshot. Franklin Square is an affluent trade area with a median household income over 140,000 dollars. The site is minutes to Hempstead Turnpike NY 24 / New Hyde Park Rd. (Popular route to Garden city) and sits within a strong neighborhood services hub with high traffic and longstanding automotive demand.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,000 SF | Retail | - | Now |
1st Floor
| Size |
| 3,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 3,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Turnkey automotive facility available For Lease, with Lease to Own options, and sale considered. The building size is 2,550 square feet on a 10,160 square foot lot with 30+ car parking and strong corner visibility. Lease rate is 9,999 dollars per month NNN, which equals 47 dollars per square foot per year. This corner property has operated as auto repair since 1955 and the current operator has been in place for more than 17 years. The facility is equipped to handle ALL types of Repairs on ALL years, makes, & models! This shop is fully renovated, bright, and purpose built for high throughput. AI assisted scheduling on touch screen, estimates, and follow ups support a high average repair order and strong margins. Staff and systems can remain in place. Premium brand assets are available, including EverythingAuto.com valued over 15,000 dollars and EverythingAutoNY.com. Included assets if a sale is chosen are equipment and improvements valued at over 800,000 dollars. Approximately 2,550 square feet plus about 450 square feet of 2nd floor mezzanine office. Six lifts with flexible configurations. Extra open area too. Lot size about 10,160 square feet with 30 plus parking spaces. Upgraded power and lighting with solar in place. Updated NY state inspection equipment . Multiple EV chargers present on site with current listings to be verified by the tenant or buyer. Lease only of the entire shop at 9,999 dollars per month NNN with business purchase. Lease to Own Option A with 400,000 dollars down plus 9,999 dollars per month NNN and a balloon purchase at 2.30 million dollars within two years. Lease to Own Option B with 200,000 dollars down plus 12,000 dollars per month NNN and a balloon purchase at 2.50 million dollars within two years. Potential use cases subject to zoning and permits. Full service auto repair and New York State inspections. Diagnostics, programming, and ADAS calibration bay. Tires and alignments with retail display. Detailing, paintless dent repair, wraps, tint, paint protection film, and ceramic coating. Used car retail with reconditioning and photo bay. Fleet maintenance for delivery, trades, and service companies. Dealer overflow storage and prep. Charging services and mid destination amenities. Lot could possibly be rezoned & I'm sure the town would be delighted to do, retail, any other commercial, or even residential. Market snapshot. Franklin Square is an affluent trade area with a median household income over 140,000 dollars. The site is minutes to Hempstead Turnpike NY 24 / New Hyde Park Rd. (Popular route to Garden city) and sits within a strong neighborhood services hub with high traffic and longstanding automotive demand.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2089-33-604-00-0010-0 | Total Assessment | $3,614 (2025) |
| Land Assessment | $2,489 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,125 (2025) | Tax Year | 2023 |
PROPERTY TAXES
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Auto Repair - Buy property & Business | 980 Washington St
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