Turnkey Automotive Repair
18 Riverside Drive Canton, NY 13617
For Sale
$340,000
COMMERCIAL - Canton, NY
Property Size4,880 SF
Lot Size0.40 Acres
Price / SF$69.67
Days on Market264
Property Features for 18 Riverside Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 15
- Parking features
- Garage
- Interior features
- 9 ft.+ ceilings, Open floor plan
- Exterior features
- Outdoor lights
- Standard status
- Active
- APN
- 88.034-4-18
- Size
- 4,880 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9143
Utilities
- Utilities
- Cable Available
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Building materials
- Concrete block, Metal siding, Wood siding
- Roof type
- Metal
- Architectural style
- Other
Listing Agency:
County Seat Realty
(315) 386-5400
Listed By:
Debbie Gilson · License #31GI10937107
(315) 212-0169
Added: Nov 2, 2025
Changed: May 28
Last Checked: Jul 23 at 3:06PM
MLS# 52122
Copyright © 2026 St. Lawrence Board of Realtors. 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 is a fully-operational turnkey automotive repair facility constructed in 1950. The property has a total area of 4,880 square feet and includes four service bays equipped with three lifts. The layout features a reception and service area of 3,420 square feet, a waiting area of 200 square feet, and a breakroom/office of 252 square feet, along with stock and storage rooms. Additional overhead space is utilized for tire storage. Heating is provided by two suspended natural gas units and a waste-oil heater. Furthermore, the property includes a 1,100 square foot rental unit, which offers additional income potential and has historically been leased for $1,400 per month. The property is located in Canton, NY, on a 0.4-acre lot.
Key Highlights
- Fully‑operational, turnkey automotive repair facility.
- Bonus 1,100 sq ft rental unit with income potential ($1,400/month historically).
- Owner financing available.
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 | $46.3k | $9.48 |
| − Vacancy | −$3.2k | −$0.66 |
| EGI | $43.0k | $8.82 |
| − OpEx | −$12.9k | −$2.64 |
| NOI | $30.1k | $6.17 |
4,880 SF · lease $9.48/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$886.4K
$775.6K – $1.03M
NOI $62,047 @ 7.0% cap · market cap 18.25%
Second Best
Industrial
$430.2K
$376.5K – $502.0K
NOI $30,117 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,748 @ 7.0% cap · market cap 24.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Canton Tire
(Bike/Boat/Book/etc) Store
Riverside Farm Market
Food Market
Similar Off Market Nearby
- Pikes Auto Services — 11 Riverside Dr, Canton, NY 13617
FAQs
What type of property is this?
Auto shop - Fully operational automotive repair facility with additional rental income potential.
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: Fully‑operational, turnkey automotive repair facility.; Bonus 1,100 sq ft rental unit with income potential ($1,400/month historically).; Owner financing available.
