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    862 E 26Th St Paterson, NJ 07513

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    For Sale
    $2,800,000

    Turn-key automotive property with licenses included in sale.

    Lot size:
    0.45 Acres

    Property Features for 862 E 26Th St

    General Information

    Lot size
    0.45 Acres

    Building Details

    Year built
    9999

    Source: NICHOLAS REAL ESTATE AGENCY Agent NICHOLAS TSELEPIS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Automotive Property with Multiple Uses

    This commercial property offers a rare opportunity with three potential uses: car lot, mechanic shop, and auto body business. The property spans 18,250 square feet and includes two commercial buildings totaling approximately 10,000 square feet. A notable feature is the garage, equipped with four oversized bays suitable for various automotive or industrial applications. Currently operating as a mechanic shop, auto body business, and car lot, the property presents a turn-key opportunity for automotive entrepreneurs or investors. All licenses are included in the sale. This offering provides location, functionality, and flexibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    United Motor Cars ... Used Car Dealer United Motor Collision Auto Body Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Food Market

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

    Similar Places Nearby

    Bergen County Limo, Limo4NJ, Dial Limo Now, U-Haul Neighborhood Dealer, Habibi Rentals

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.150651
    Latitude
    40.908365

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    FAQs

    What type of property is this?
    Automotive property - Turn-key automotive property with licenses included in sale.
    Where is this automotive property located?
    The property is located at 862 E 26Th St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Turn-key operation: Currently operating as a mechanic shop, auto body business, and car lot.; - Includes all licenses in sale.; - Versatile property: Suitable for car lot, mechanic shop, or auto body business.
    (973) 340-1202
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    862 E 26Th St Paterson, NJ 07513
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    Paterson, NJ 07513
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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
    862 E 26Th St Paterson, NJ 07513
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