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Corner Automotive Retail Workshop

1486 Abbott Rd Lackawanna, NY 14218

1486 Abbott Rd, Lackawanna, NY, 14218
$349,900
Pending
For Sale
$349,900
Pending

Front retail storefront with four rear bays, zoned automotive/commercial, offering flexible space for auto and related services.

Property Size3,600 SF
Lot Size0.42 Acres
Days on Market408

Property Features for 1486 Abbott Rd

General Information

Standard status
Pending
Size
3,600 SF
Lot size
0.42 Acres
Listing Agency Chubb-Aubrey Leonard Real Estate
Listed by Daniel Kieffer · License #30KI0830797
Source Exprealty
Added: Jun 6, 2025 Checked: Jul 17 at 10:28 pm

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 Chubb-Aubrey Leonard Real Estate


Investment Insights

Based on property information with market context.

This corner automotive property combines a front retail/storefront area with four rear bays, designed for vehicle service and related operations. The building also includes ample storage and/or office space to support daily workflow, inventory, and administration.

The site is zoned automotive/commercial and is positioned for visibility and access in a highly sought-after area of Lackawanna, at the corner of Abbott and Greenwood. Vehicle-bay access is provided from Greenwood, supporting practical ingress and egress for customers and service vehicles. The offering includes options tied to lot configurations, including the 42 x 152' lot or the 42 x 152' lot plus an adjacent 120 x 152' lot (Tax ID 140900-142-120-0005-027-100).

The layout should appeal to buyers looking to operate an automotive service business while maintaining a customer-facing retail presence at the front. With storage and additional office space included, it can also work for enterprises needing space to stage equipment or manage operations on-site.

Key Highlights

  • Corner property at the intersection of Abbott and Greenwood, zoned automotive/commercial
  • Front retail/storefront with four rear bays accessed from Greenwood
  • Building offers storage and/or office area in addition to the storefront and bays

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 $36.7k $10.20
− Vacancy −$698 −$0.19
EGI $36.0k $10.01
− OpEx −$10.8k −$3.00
NOI $25.2k $7.00
3,600 SF · lease $10.20/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Retail
$500.9K
$438.3K – $584.4K (±1% cap)
NOI $35,066 @ 7.0% cap · market cap 10.02%
Second Best
Industrial
$360.2K
$315.2K – $420.3K (±1% cap)
NOI $25,216 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$865.7K
$757.5K – $1.01M (±1% cap)
NOI $60,601 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

LED Rental Buffalo (Bike/Boat/Book/etc) Store Abbott Glass of Western ... Auto Repair Shop All Americad Sign Department Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Skin Care Clinic Kitchen & Bath Showroom Gym & Fitness Center Building Supply

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

Similar Off Market Nearby

  • Elmo's Towing LLC
  • Napa Autocare Collision Center — 1639 Abbott Rd, Buffalo, NY 14218
  • Brian's Automotive — 1770 Abbott Rd, Buffalo, NY 14218
  • Abbott Motors — 1645 Abbott Rd, Lackawanna, NY 14218
  • Abbott Radiator & Auto — 1700 Abbott Rd, Lackawanna, NY 14218

FAQs

What type of property is this?
Auto shop - Front retail storefront with four rear bays, zoned automotive/commercial, offering flexible space for auto and related services.
Where is this auto shop located?
The property is located at 1486 Abbott Rd Lackawanna, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Corner property at the intersection of Abbott and Greenwood, zoned automotive/commercial; Front retail/storefront with four rear bays accessed from Greenwood; Building offers storage and/or office area in addition to the storefront and bays
Contact an agent
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