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    97 East Ave Newark, NY 14513

    For Sale
    $169,900

    Commercial/industrial property featuring a 3-bay garage with high doors and ceilings.

    Lot size:
    0.57 Acres

    Property Features for 97 East Ave

    General Information

    Lot size
    0.57 Acres

    Building Details

    Year built
    1988

    Source: Howard Hanna Agent Daniel L. Patterson

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

    Overview

    Commercial Garage with High Ceilings

    This commercial/industrial property features a 3-bay commercial garage with high doors and ceilings. The property includes heavy-duty concrete floors suitable for installing lifts and alignment machines. Radiant gas heat is provided. Town water and sewer services are available. The building features a reception area with a waiting room and a public restroom, as well as a separate restroom in the work area. A cleaning sink, multiple plugs for welders and other machinery, and air lines throughout the space are present. A storage room is also included. The property is suitable for service, retail, wholesale, light industrial, machine shop, small engine repair, and car dealer businesses. There is expansive parking available on the deep lot. A Phase 1 Environmental Test has been completed and passed.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Shop Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Wayne
    State
    New York
    Longitude
    -77.091906
    Latitude
    43.048896

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    FAQs

    What type of property is this?
    Industrial property - Commercial/industrial property featuring a 3-bay garage with high doors and ceilings.
    Where is this industrial property located?
    The property is located at 97 East Ave Newark, NY.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - 3+ bay commercial garage with high doors and ceilings suitable for various business types.; - Heavy-duty concrete floors designed to support heavy machinery and equipment.; - Town water and sewer connections.
    (585) 278-4511
    Request Owner's contact information
    97 East Ave Newark, NY 14513
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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
    97 East Ave Newark, NY 14513
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