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Turnkey Automotive Repair Facility

18 Riverside Drive Canton, NY 13617

Claim this Listing
For Sale
$340,000

COMMERCIAL - Canton, NY

Property size:
4,880 SF
Lot size:
0.40 Acres
Price / SF:
$69.67/SF
Added:
Nov 2, 2025
Days on Market:
254
Last Refresh:
Jul 13 at 11:06 pm

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 agent Debbie Gilson License #31GI10937107

Listing office County Seat Realty 1 Gouverneur St., Canton, NY

Listing date Nov 2, 2025

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.

Local 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 (±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 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

Suggested Use

(Bike/Boat/Book/etc) Store Plumbing Service Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Barber Shop Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

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.
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