Established Auto Repair
43 Cartwright Ave Sidney, NY 13838
43 Cartwright Ave, Sidney, NY, 13838
$179,900
For Sale
$179,900
Successful auto repair business in Sidney, New York.
Property Size1,600 SF
Price / SF$112.44
Days on Market1363
Property Features for 43 Cartwright Ave
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1950
Listing Agency
Country Squire Realty
(607) 369-4663
Listed by
Richard Rudolph · License #37RU1131328
(607) 369-4663
Source
Xome
Added: Oct 26, 2022 Checked: Jul 19 at 4:55 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Country Squire Realty
Investment Insights
Based on property information with market context.
This is an established and successful auto repair business with a strong customer base. It is located within the bustling village of Sidney, New York, in a location that offers room to expand. The property size is 1,600 square feet. The business has a solid performance history. The sale includes the real estate. Owned equipment is not included in the sale.
Key Highlights
- Established and successful auto repair business with a strong customer base.
- Located in the bustling village of Sidney, NY.
- Business has a solid business performance.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.0k | $14.40 |
| − Vacancy | −$1.6k | −$0.98 |
| EGI | $21.5k | $13.42 |
| − OpEx | −$6.4k | −$4.03 |
| NOI | $15.0k | $9.39 |
1,600 SF · lease $14.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$386.3K
$338.0K – $450.7K
NOI $27,039 @ 7.0% cap · market cap 15.03%
Second Best
Industrial
$214.7K
$187.9K – $250.5K
NOI $15,031 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$785.0K
$686.9K – $915.8K
NOI $54,950 @ 7.0% cap · market cap 30.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
B & M Auto ...
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Tri County Sales Outlet — 8 Bridge St #1, Sidney, NY 13838
- Sidney Tire, Inc. — 485 NY-7, Unadilla, NY 13849
- Sidney Auto Body — 21 Union St, Sidney, NY 13838
- Butler Auto Sales Inc — 268 NY-7, Sidney, NY 13838
- B & M Auto of Sidney — 43 Cartwright Ave, Sidney, NY 13838
FAQs
What type of property is this?
Auto shop - Successful auto repair business in Sidney, New York.
Where is this auto shop located?
The property is located at 43 Cartwright Ave Sidney, NY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Established and successful auto repair business with a strong customer base.; Located in the bustling village of Sidney, NY.; Business has a solid business performance.