Building Details

Building Size 4,880 SF

Year Built 1950

Buildings 1

Stories 1

Listing Agency: Davis Lake And River Realty, LLC

Listed By: Shannon Davis · License #10401264120 Show Phone

Source: Davislakeandriverrealty

Added: Nov 2, 2025 Changed: Oct 23 Last Checked: Oct 23 at 5:54PM

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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 Davis Lake And River Realty, LLC

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 4,880-square-foot auto repair property was built in 1950 and has four service bays, including three equipped with lifts. The interior also includes reception and service space, a waiting area, a breakroom and office, and stock and storage rooms. Overhead space is used for tire storage. Heating is provided by two suspended natural gas units and a waste-oil heater.

A separate 1,100-square-foot rental unit is part of the property. The facility is located at 18 Riverside Drive in Canton, New York.

Key Highlights

• 4,880‑square‑foot automotive repair property built in 1950
• Four service bays with three lifts
• Separate 1,100‑square‑foot rental unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$30,117

Cap Rate

8.86%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$602,340 $602.3K

Cap Rate 7%

$430,243 $430.2K

Cap Rate 9%

$334,633 $334.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,880 SF

Gross rent

$46.3K $9.48/SF

− Vacancy

−$3.2K −$0.66/SF

EGI

$43.0K $8.82/SF

− OpEx

−$12.9K −$2.64/SF

NOI

$30.1K $6.17/SF

Area

St. Lawrence County, NY

Vacancy

7.00%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$602,340

Cap Rate 7%

$430,243

Cap Rate 9%

$334,633

Alternative Uses

Best Use

Retail

$886.4K

$775.6K – $1.03M (±1% cap)

NOI $62,047 @ 7.0% cap · market cap 18.25%

Second Best

Industrial

$430.2K

$376.5K – $502.0K (±1% cap)

NOI $30,117 @ 7.0% cap · market cap 8.86%

Theoretical Best

Office A

$1.21M

$1.06M – $1.41M (±1% cap)

NOI $84,748 @ 7.0% cap · market cap 24.93%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Canton Tire (Bike/Boat/Book/etc) Store Riverside Farm Market Food Market

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Kitchen & Bath Showroom Garden Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Service bays

Location Intelligence

Trade Area within ½ mile

530

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 13617, NY

12,083

Population

4,645

Households

2.6

Avg Household Size

29

Median Age

36%

College-Educated

93%

High-School Grad

132.5 sq mi

ZIP Area

91

Density / Sq Mi

$72,652

Median Household Income

$26,397

Median Earnings

$901

Median Rent

$148,900

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Similar Off Market Nearby

• Pikes Auto Services — 11 Riverside Dr, Canton, NY 13617

Frequently Asked Questions

What type of property is this?

Auto shop - A multi-bay service property includes vehicle lifts, dedicated customer areas, and a separate rental unit.

Where is this auto shop located?

The property is located at 18 Riverside Drive Canton, NY.

What is the asking price?

The asking price for this property is $340,000.

What are key features of this property?

This property features: 4,880‑square‑foot automotive repair property built in 1950; Four service bays with three lifts; Separate 1,100‑square‑foot rental unit