Two-Bay Auto Repair
For Sale
$325,000
814 Broadway, Schenectady, NY 12305
Commercial Sale, Schenectady, NY
Property Size2,580 SF
Lot Size0.13 Acres
Price / SF$125.97
Days on Market184
Property Features for 814 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
10
Lot features
Level
High school
Schenectady
Elementary school district
Schenectady
Middle school district
Schenectady
High school district
Schenectady
Directions
Broadway Schenectady between I 890 and Congress st.
Standard status
Active
APN
421500 49.38-1-2
Size
2,580 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
5000
Utilities
Sewer type
Public Sewer
Heating system
Space Heater
Water source
Public
Amenities
new half bath
new concrete floor
new water main and drainage
new LED lights
Building Details
Year built
1955
Floors in Building
1
Flooring type
Concrete
Building materials
Block
Roof type
Flat, Rubber
Architectural style
Other
Listing Agency:
Howard Hanna Capital Inc
(518) 489-1000
Listed By:
Bryan Gautie · License #40GA1022410
(518) 424-5909
Added: Apr 14
Changed: Oct 2
Last Checked: Oct 14 at 8:06PM
MLS# 202615013
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,580-square-foot auto repair property occupies a 0.13-acre site and includes two bays configured four cars deep, a 140-square-foot office, and a new half bath. The building was constructed in 1955 with block construction, concrete flooring, a flat rubber roof, and space-heater service. Improvements include a new concrete floor, water main, drainage system, and LED lighting throughout. A car lift is included.
The property is positioned in the city near major highways and business activity, with off-street parking for approximately 10 vehicles. Commercial zoning supports the existing automotive configuration, while the layout also offers potential for office, light industrial, or warehouse/storage use. Public water and public sewer serve the property.
The property is positioned in the city near major highways and business activity, with off-street parking for approximately 10 vehicles. Commercial zoning supports the existing automotive configuration, while the layout also offers potential for office, light industrial, or warehouse/storage use. Public water and public sewer serve the property.
Key Highlights
- 2,580‑square‑foot auto repair property on a 0.13‑acre site
- Two bays configured four cars deep
- 140‑square‑foot office and new half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,957
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,140
$319.1K
Cap Rate 7%
$227,957
$228.0K
Cap Rate 9%
$177,300
$177.3K
Market Conditions
NOI Build-Up for 2,580 SF
Gross rent
$24.5K $9.48/SF
− Vacancy
−$1.7K −$0.64/SF
EGI
$22.8K $8.84/SF
− OpEx
−$6.8K −$2.65/SF
NOI
$16.0K $6.18/SF
Area
Schenectady County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,140
Cap Rate 7%
$227,957
Cap Rate 9%
$177,300
Alternative Uses
Best Use
Retail
$444.9K
$389.3K – $519.1K
NOI $31,143 @ 7.0% cap · market cap 9.58%
Second Best
Industrial
$228.0K
$199.5K – $266.0K
NOI $15,957 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$772.2K
$675.7K – $900.9K
NOI $54,056 @ 7.0% cap · market cap 16.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Service bays
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12305, NY
6,085
Population
4,103
Households
1.5
Avg Household Size
37
Median Age
34%
College-Educated
88%
High-School Grad
1.5 sq mi
ZIP Area
4,057
Density / Sq Mi
$50,308
Median Household Income
$34,228
Median Earnings
$1,067
Median Rent
$162,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- Ampd Auto LLC — 2102 Guilderland Ave, Schenectady, NY 12306
- King's Royalty Garage, Inc. — 1137 Cutler St, Schenectady, NY 12303
- Walter's Auto Body — 1305 Crane St, Schenectady, NY 12303
- L & A Automotive — 2155 Broadway, Schenectady, NY 12306
- All World Repairs — 701 Genesee St, Schenectady, NY 12306
Frequently Asked Questions
What type of property is this?
Auto shop - Commercially zoned facility with updated building systems, off-street parking, and flexible automotive or light industrial use potential.
Where is this auto shop located?
The property is located at 814 Broadway Schenectady, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,580‑square‑foot auto repair property on a 0.13‑acre site; Two bays configured four cars deep; 140‑square‑foot office and new half bath
