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2164 Broad Street, Utica, NY, 13501
Auto-Body Garage with Office

2164 Broad Street Utica, NY 13501

New
For Sale
$220,000

COMMERCIAL - Utica, NY

Property Size1,120 SF
Lot Size0.25 Acres
Price / SF$196.43
Days on Market2

Property Features for 2164 Broad Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
10
Security features
Security
Standard status
Active
APN
301600-319-020-0001-004-000-0000
Size
1,120 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Annual Amount
1656

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Space Heater, Natural Gas
Water source
Public

Building Details

Year built
1955
Floors in Building
1
Flooring type
Concrete
Building materials
Block
Roof type
Flat
Listing Agency: Coldwell Banker Faith Properties
Listed By: Elzbieta Pawlowski · License #10401302245
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 25 at 6:06PM
MLS# S1701241

Copyright © 2026 New York State Alliance of MLSs, LLC. 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.

A fully equipped, newly renovated auto-body garage designed for day-one operations. The layout includes five functional rooms plus an office, and the shop is outfitted with two car lifts, two spot heaters, a compressor, washer and dryer, oil-change canister, shelves and storage cabinet, and a bathroom. Interior upgrades include a solid concrete floor, new windows, new lighting, a new door, fresh paint, and a newly applied stucco exterior.

Vehicle access is supported by two 12x10 garage doors and an additional side door. The property also includes public water and sewer, two CB electric boxes, a water heater and furnace, and an RBM roof reportedly eight years old. Outside, there is a newly redone oversized driveway with compact stone, suitable for customer parking, vehicle storage, or expanded workflow.

In addition to the garage building, an extra 0.12-acre commercial lot next door is included.

Key Highlights

  • Newly renovated auto‑body garage with solid concrete floor, public water and public sewer, and forced‑air natural gas heating plus spot heaters
  • Equipped for shop operations: 2 car lifts, compressor, oil‑change canister, shelves and storage cabinet, and dedicated bathroom and office space
  • RBM flat roof only 8 years old, plus upgraded exterior with new stucco, new windows, new lighting, new door, and fresh paint

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 (±1% cap)
NOI $11,266 @ 7.0% cap · market cap 5.12%
Second Best
Industrial
$99.0K
$86.6K – $115.5K (±1% cap)
NOI $6,927 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$295.1K
$258.3K – $344.3K (±1% cap)
NOI $20,660 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Law Firm Kitchen & Bath Showroom HVAC Service Spa & Massage Center Gym & Fitness Center Storage Facility Nail Salon Building Supply Grocery & Convenience Store Daycare Center

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

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

FAQs

What type of property is this?
Auto shop - Newly renovated auto-body garage includes two lifts, functional room setup, and two 12x10 garage doors.
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: Newly renovated auto‑body garage with solid concrete floor, public water and public sewer, and forced‑air natural gas heating plus spot heaters; Equipped for shop operations: 2 car lifts, compressor, oil‑change canister, shelves and storage cabinet, and dedicated bathroom and office space; RBM flat roof only 8 years old, plus upgraded exterior with new stucco, new windows, new lighting, new door, and fresh paint
More about this property
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