Auto-Repair Shop with Three
For Sale
$195,000
1705 Broadway, Schenectady, NY 12306
Full-service auto-repair shop with three lifts and three 12-foot overhead doors, built in 1955 and offered with a leaseback on NNN terms.
Property Size1,355 SF
Price / SF$143.91
Days on Market35
Property Features for 1705 Broadway
General Information
Standard status
Active
Size
1,355 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Service Bays
3
Building Details
Year Built
1955
Listing Agency:
Realty One Group Key
Listed By:
Ryan Mortka
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Jun 27
Changed: Jul 30
Last Checked: Jul 30 at 7:04AM
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 Realty One Group Key
Investment Insights
Based on property information with market context.
This auto-repair shop is set up for full-service maintenance and repairs, with work focused on brakes, body work, oil changes, and tune-ups. The facility includes three lifts and three 12-foot overhead doors, along with additional equipment included in the sale. A leaseback is also available on NNN terms.
The building was constructed in 1955 and totals 1,355 SF. The property is located at 1705 Broadway in Schenectady, New York.
For buyers looking for an auto-repair operation with the core repair infrastructure already in place, the lift and door configuration supports day-to-day service workflow across multiple vehicles while keeping the shop functional for routine maintenance and mechanical and body work.
The building was constructed in 1955 and totals 1,355 SF. The property is located at 1705 Broadway in Schenectady, New York.
For buyers looking for an auto-repair operation with the core repair infrastructure already in place, the lift and door configuration supports day-to-day service workflow across multiple vehicles while keeping the shop functional for routine maintenance and mechanical and body work.
Key Highlights
- 1,355 SF auto‑repair shop built in 1955
- Three lifts for vehicle service and repair
- Three 12‑foot overhead doors for shop access
Financial Insights For Retail
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 | $24.4k | $18.00 |
| − Vacancy | −$1.0k | −$0.76 |
| EGI | $23.4k | $17.24 |
| − OpEx | −$7.0k | −$5.17 |
| NOI | $16.4k | $12.07 |
1,355 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$233.7K
$204.5K – $272.6K
NOI $16,356 @ 7.0% cap · market cap 8.39%
Second Best
Industrial
$119.7K
$104.8K – $139.7K
NOI $8,380 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$405.6K
$354.9K – $473.2K
NOI $28,390 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12306, NY
26,935
Population
12,481
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
94%
High-School Grad
43.9 sq mi
ZIP Area
614
Density / Sq Mi
$80,583
Median Household Income
$46,702
Median Earnings
$1,221
Median Rent
$212,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Mancini's Auto Body — 2331 Guilderland Ave, Schenectady, NY 12306
- The Shady Bros Window Tinting — 419 Westside Ave, Schenectady, NY 12306
- Caruso's Auto Repair Inc. — 1310 Helderberg Ave, Schenectady, NY 12306
- TJ's Auto Sales & Repairs — 566 Notre Dame St, Rotterdam, NY 12306
- R & R Auto Repair And Sales — 556 Notre Dame St, Schenectady, NY 12306
Frequently Asked Questions
What type of property is this?
Auto shop - Full-service auto-repair shop with three lifts and three 12-foot overhead doors, built in 1955 and offered with a leaseback on NNN terms.
Where is this auto shop located?
The property is located at 1705 Broadway Schenectady, NY.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1,355 SF auto‑repair shop built in 1955; Three lifts for vehicle service and repair; Three 12‑foot overhead doors for shop access
