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    53 Main St Canisteo, NY 14823

    Sponsored
    For Sale
    $264,900

    Established Auto Repair Shop w/ Apartment & Barn

    Property size:
    3,632 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional turnkey business opportunity in Canisteo, NY, presents a rare chance to acquire a well-established auto repair garage and used car sales business, operating successfully since 1963. The main building, approximately 3,632 square feet (85' x 35'), boasts a 9'4" ceiling height, a gas furnace with radiant floor heating, and ample customer parking. Included in the sale is a comprehensive array of equipment: an alignment machine, tire changer and balancer, brake lathe, one lift, air compressor, and a waste oil furnace. Adding to the investment potential is a two-story barn (approximately 30' x 30') with a metal roof, currently used for storage but offering significant rental income potential for boats, campers, or other storage needs. Above the garage is a spacious three-bedroom apartment, currently generating $1,000 per month in rental income, including utilities. The apartment features a large kitchen, living room, laundry area, and two bathrooms (one with a shower, one with a tub). All appliances are included. County records indicate the building was constructed in 1960

    Property Features for 53 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,632 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Van's Alignment Services Tire Shop

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Auto Repair Shop Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Canisteo
    County
    Steuben
    State
    New York
    Longitude
    -77.60825
    Latitude
    42.27457

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    FAQs

    What type of property is this?
    Commercial real estate - Established Auto Repair Shop w/ Apartment & Barn
    Where is this commercial real estate located?
    The property is located at 53 Main St Canisteo, NY.
    What is the asking price?
    The asking price for this property is $264,900.
    (607) 587-9001
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    53 Main St Canisteo, NY 14823
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    Realmo Value Estimation

    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.

    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.

    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
    53 Main St Canisteo, NY 14823
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