Automotive Service Garage with
For Sale
$199,000
178 Columbia Turnpike, Rensselaer, NY 12144
Move-in-ready garage with remodeled office and a two-bay service area, plus storage and parking for up to six vehicles.
Property Size1,480 SF
Lot Size0.15 Acres
Price / SF$134.46
Days on Market42
Property Features for 178 Columbia Turnpike
General Information
Standard status
Active
Size
1,480 SF
Total Parking Spaces
6
Lot size
0.15 Acres
Property subtype
Commercial
Site & Location
Traffic Count
14,502 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Additional Details
Drive-In Doors
2
Service Bays
2
Building Details
Year Built
1960
Construction
block and vinyl siding
Listing Agency:
Howard Hanna Capital Inc
Listed By:
Joseph P Cardinale
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Jun 20
Changed: Jul 28
Last Checked: Jul 30 at 7:12PM
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 Howard Hanna Capital Inc
Investment Insights
Based on property information with market context.
This move-in-ready automotive and service property includes 1,480± square feet of total space on a 0.15-acre commercially zoned lot. The building features 758± square feet of fully remodeled office space, a 573± square foot two-bay service garage, and a 331± square foot storage area. Constructed with block and vinyl siding, it offers two grade-level overhead doors, electric heat, and public water and sewer services. Parking is available for up to six vehicles.
The property sits on one of the Capital Region’s busiest commercial corridors with approximately 14,502 vehicles passing daily (AADT), providing strong road frontage and visibility.
With its flexible garage-and-office configuration, the facility is positioned for a range of automotive, contractor, and service-oriented operations, including uses such as auto repair, used vehicle sales, detailing, tires/fleet service, and contractor headquarters for trades like electrical, plumbing, HVAC, landscaping, or general contracting.
The property sits on one of the Capital Region’s busiest commercial corridors with approximately 14,502 vehicles passing daily (AADT), providing strong road frontage and visibility.
With its flexible garage-and-office configuration, the facility is positioned for a range of automotive, contractor, and service-oriented operations, including uses such as auto repair, used vehicle sales, detailing, tires/fleet service, and contractor headquarters for trades like electrical, plumbing, HVAC, landscaping, or general contracting.
Key Highlights
- Commercial property built in 1960 with 1,480± SF total building area on a 0.15‑acre commercially zoned lot
- Remodeled office space: 758± SF, plus 573± SF two‑bay service garage and 331± SF storage area
- Two grade‑level overhead doors for service access
Financial Insights For Office B
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 | $30.7k | $20.76 |
| − Vacancy | −$6.5k | −$4.40 |
| EGI | $24.2k | $16.36 |
| − OpEx | −$6.1k | −$4.09 |
| NOI | $18.2k | $12.27 |
1,480 SF · lease $20.76/SF/yr · vacancy 21.20% · expense 25.00%
Alternative Uses
Best Use
Retail
$268.8K
$235.2K – $313.6K
NOI $18,818 @ 7.0% cap · market cap 9.46%
Second Best
Office B
$259.4K
$227.0K – $302.6K
NOI $18,158 @ 7.0% cap · market cap 9.12%
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
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
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Jiffy Lube — 334 Columbia Turnpike, Rensselaer, NY 12144
- Feldman's Service Center — 300 Columbia Turnpike Suite 2, Rensselaer, NY 12144
- Nopper's Collision Repairs Inc. — 323 Columbia Turnpike, Rensselaer, NY 12144
- Frank Auto Service — Rensselaer, NY 12144
- Greenbush Auto — 281 Columbia Turnpike, Rensselaer, NY 12144
Frequently Asked Questions
What type of property is this?
Auto shop - Move-in-ready garage with remodeled office and a two-bay service area, plus storage and parking for up to six vehicles.
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: Commercial property built in 1960 with 1,480± SF total building area on a 0.15‑acre commercially zoned lot; Remodeled office space: 758± SF, plus 573± SF two‑bay service garage and 331± SF storage area; Two grade‑level overhead doors for service access
