Two-Bay Automotive Service
For Sale
$199,000
Pending
178 Columbia Turnpike, Rensselaer, NY 12144
Commercial Sale, Rensselaer, NY
Property Size1,480 SF
Lot Size0.15 Acres
Days on Market94
Property Features for 178 Columbia Turnpike
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
11
High school
Columbia
Elementary school district
East Greenbush
Middle school district
East Greenbush
High school district
East Greenbush
Directions
Intersection of Columbia Turnpike & Sherwood Ave
Standard status
Pending
APN
382400 155.13-21-15
Size
1,480 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
4568
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Amenities
two grade-level overhead doors
electric heat
public water and sewer
fully remodeled office space
Building Details
Year built
1960
Building materials
Block, Vinyl Siding
Architectural style
Other
Listing Agency:
Howard Hanna Capital Inc
(518) 371-4500
Listed By:
Joseph P Cardinale · License #10401290174
(518) 755-2064
Added: Jul 8
Changed: Sep 15
Last Checked: Oct 9 at 12:06AM
MLS# 202621219
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive service property includes approximately 1,480 square feet on a 0.15-acre commercially zoned lot. The building provides remodeled office space, a two-bay service garage, storage, and two grade-level overhead doors. Block and vinyl siding, electric heat, public water, and public sewer support the existing improvements. Parking accommodates up to 11 vehicles.
Positioned along Columbia Turnpike, the property records approximately 14,502 vehicles daily according to the stated AADT. The site offers road frontage and signage opportunities, with a layout suited to automotive service, detailing, tire service, fleet operations, or contractor use as described in the property information. Built in 1960, the building and land are included in the sale.
Positioned along Columbia Turnpike, the property records approximately 14,502 vehicles daily according to the stated AADT. The site offers road frontage and signage opportunities, with a layout suited to automotive service, detailing, tire service, fleet operations, or contractor use as described in the property information. Built in 1960, the building and land are included in the sale.
Key Highlights
- Approximately 1,480 square feet on a 0.15‑acre commercially zoned lot
- Two‑bay service garage with two grade‑level overhead doors
- Remodeled office space plus dedicated storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,642
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,840
$312.8K
Cap Rate 7%
$223,457
$223.5K
Cap Rate 9%
$173,800
$173.8K
Market Conditions
NOI Build-Up for 1,480 SF
Gross rent
$24.0K $16.20/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$22.3K $15.10/SF
− OpEx
−$6.7K −$4.53/SF
NOI
$15.6K $10.57/SF
Area
Rensselaer County, NY
Vacancy
6.80%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,840
Cap Rate 7%
$223,457
Cap Rate 9%
$173,800
Alternative Uses
Best Use
Retail
$268.8K
$235.2K – $313.6K
NOI $18,818 @ 7.0% cap · market cap 9.46%
Second Best
Industrial
$223.5K
$195.5K – $260.7K
NOI $15,642 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$370.0K
$323.7K – $431.6K
NOI $25,898 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
2
Service bays
14,502 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
2,052 visits/mo
0.5 miles
Demographics for 12144, NY
21,277
Population
10,474
Households
2
Avg Household Size
40
Median Age
38%
College-Educated
93%
High-School Grad
18.3 sq mi
ZIP Area
1,163
Density / Sq Mi
$88,357
Median Household Income
$51,893
Median Earnings
$1,379
Median Rent
$235,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
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- Frank Auto Service — Rensselaer, NY 12144
Frequently Asked Questions
What type of property is this?
Auto shop - Commercially zoned facility with remodeled offices, service garage, storage, and vehicle parking.
Where is this auto shop located?
The property is located at 178 Columbia Turnpike Rensselaer, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Approximately 1,480 square feet on a 0.15‑acre commercially zoned lot; Two‑bay service garage with two grade‑level overhead doors; Remodeled office space plus dedicated storage area
