Auto-Body Garage with Two Car
New
For Sale
Contact for pricing
2164 Broad Street, Utica, NY 13501
Newly renovated, fully equipped auto-body garage with two car lifts and a consolidated workflow setup.
Property Size1,120 SF
Price / SF$196.43
Days on Market6
Property Features for 2164 Broad Street
General Information
Standard status
Active
Size
1,120 SF
Property subtype
Special Purpose
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Service Bays
2
Amenities
bathroom
office space
garage doors
driveway
Building Details
Year Built
1955
Buildings
1
Listing Agency:
Coldwell Banker Faith Properties
Listed By:
Ela Pawlowski · License #NY 10401302245
Source:
Crexi
Added: Jul 25
Changed: Jul 30
Last Checked: Jul 30 at 3:54AM
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 Coldwell Banker Faith Properties
Investment Insights
Based on property information with market context.
This fully equipped, newly renovated auto-body garage is set up for day-one shop operations with two car lifts and a practical five-room layout. Interior systems and shop tools are in place, including two spot heaters, a compressor, washer and dryer, an oil-change canister, shelves and storage, plus an office space with TV, table and chair. The building features a solid concrete floor and a bathroom, and includes two 12'10 garage doors with an additional side door for convenient vehicle access.
Significant upgrades were completed, including a new stucco exterior, new windows, new lighting, new door, fresh paint, and public water and sewer. Electrical service includes two CB electric boxes, with a water heater and furnace already in place. The RBM roof is only eight years old.
A newly redone oversized driveway with compact stone supports customer parking and vehicle storage or expanded workflow. An additional 0.12-acre commercial lot next door is included. The property is located at 2164 Broad Street in Utica, New York, and was built in 1955.
Significant upgrades were completed, including a new stucco exterior, new windows, new lighting, new door, fresh paint, and public water and sewer. Electrical service includes two CB electric boxes, with a water heater and furnace already in place. The RBM roof is only eight years old.
A newly redone oversized driveway with compact stone supports customer parking and vehicle storage or expanded workflow. An additional 0.12-acre commercial lot next door is included. The property is located at 2164 Broad Street in Utica, New York, and was built in 1955.
Key Highlights
- Two car lifts plus compressor, washer and dryer, spot heaters, and oil‑change canister
- Two 12'10 garage doors and an additional side door for flexible vehicle access
- Five functional rooms including bathroom and office space with TV, table, and chair
Financial Insights For Retail
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 | $16.8k | $15.00 |
| − Vacancy | −$706 | −$0.63 |
| EGI | $16.1k | $14.37 |
| − OpEx | −$4.8k | −$4.31 |
| NOI | $11.3k | $10.06 |
1,120 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$160.9K
$140.8K – $187.8K
NOI $11,266 @ 7.0% cap · market cap 5.12%
Second Best
Industrial
$99.0K
$86.6K – $115.5K
NOI $6,927 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$295.1K
$258.3K – $344.3K
NOI $20,660 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Service bays
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13501, NY
40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Rob's Auto Repair — 2269 Bleecker St, Utica, NY 13501
- Ram Collision Inc — 104 Zoar Ave, Frankfort, NY 13340
- WORLDWIDE AUTO & PARTS — 2323 Bleecker St, Utica, NY 13501
- Utica Towing NY — 2404 Broad St, Frankfort, NY 13340
- Syracuse Radiator Repair Co — 167 Taft Ave, Frankfort, NY 13340
Frequently Asked Questions
What type of property is this?
Auto shop - Newly renovated, fully equipped auto-body garage with two car lifts and a consolidated workflow setup.
Where is this auto shop located?
The property is located at 2164 Broad Street Utica, NY.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two car lifts plus compressor, washer and dryer, spot heaters, and oil‑change canister; Two 12'10 garage doors and an additional side door for flexible vehicle access; Five functional rooms including bathroom and office space with TV, table, and chair