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    885 Main Street Margaretville, NY 12455

    View on Map
    For Sale
    $680,000

    COMMERCIAL - Margaretville, NY

    Property size:
    4,711 SF
    Lot size:
    0.36 Acres
    Added:
    Apr 19, 2025
    Days on Market:
    348
    Last Refresh:
    Apr 1 at 7:06 pm

    Property Features for 885 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    GV
    Parking
    10
    Standard status
    Active
    APN
    306.7-5-7
    Size
    4,711 SF
    Lot size
    0.36 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    3378

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Oil
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Flooring type
    Concrete, Linoleum, Vinyl
    Roof type
    Composition, Metal, Flat, Asphalt

    We can help!

    Listing Contact
    Sean O'Shaughnessy
    Sean O'Shaughnessy

    Listing agent Sean O'Shaughnessy License #10401221373

    Listing office Coldwell Banker Timberland Properties 75 Bridge Street, Margaretville, NY

    Listing date Apr 19, 2025

    MLS# R1600604

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Auto Repair Business For Sale

    Located on Main Street in Margaretville, NY, this is an opportunity to acquire an established auto repair business that has been a pillar in the community since 1979. The offering includes real estate, shop and office contents, and professional-grade tools and equipment. The facility includes a secure garage with multiple bays, office space, customer parking, and a modern security system. The business has working relationships with major institutions and businesses, including commercial fleets, local agencies, and long-standing private clients. It is an authorized AAA and NAPA AutoCare Center, a licensed U-Haul Neighborhood Dealer, and a registered used car dealership. Key assets include Rotary and Mohawk vehicle lifts ranging from 10,000-15,000 lbs, a Hunter tire machine and Coats tire balancer, an Ingersoll Rand commercial air compressor, a 2019 Ford F550 flatbed tow truck, and a Snap-On diagnostic scanner. The property has a lot size of 0.36 acres and a building size of 4,711 square feet. The zoning is GV. This is an investment for an experienced operator or business-minded investor looking to capitalize on a reputable name and turnkey setup.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    B & D Motors Auto Repair Shop U-Haul Neighborhood Dealer Car Rental Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Big Box & Wholesale Store Dental Office Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Catskill Mountain Auto Body — 42368 NY-28, Arkville, NY 12406
    • H & H Motors — 42526 NY-28, Margaretville, NY 12455
    • Robert Wayman Auto Repair — 160 Fair St, Margaretville, NY 12455

    Location Insight

    • Map
    • Local Demand
    City
    Margaretville
    County
    Delaware
    State
    New York
    Longitude
    -74.646774
    Latitude
    42.149559

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    FAQs

    What type of property is this?
    Auto shop - Turnkey auto repair business with real estate in Margaretville, NY.
    Where is this auto shop located?
    The property is located at 885 Main Street Margaretville, NY.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: Turnkey auto repair business with real estate, equipment, and established reputation since 1979.; Diversified revenue streams as an authorized AAA and NAPA AutoCare Center, U‑Haul dealer, and used car dealership.; Strong relationships with commercial fleets, local agencies, and long‑standing private clients.
    (607) 287-0030
    We can help!
    Listing Contact
    Sean O'Shaughnessy
    Sean O'Shaughnessy
    Real Estate License ID: 10401221373
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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