Turnkey Auto Repair & Sales
For Sale
$399,900
2617 Elmwood Avenue, Buffalo, NY 14217
COMMERCIAL - Buffalo, NY
Property Size1,232 SF
Lot Size0.29 Acres
Price / SF$324.59
Days on Market202
Property Features for 2617 Elmwood Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
4
Zoning description
Commercial
Parking
25
Lot features
Rectangular, Rectangular Lot
Elementary school district
Kenmore-Tonawanda Union Free District
Middle school district
Kenmore-Tonawanda Union Free District
High school district
Kenmore-Tonawanda Union Free District
Subdivision
Kenmore-Village-146401
Standard status
Active
APN
146401-066-690-0002-027-000
Size
1,232 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
14183
Utilities
Sewer type
Public Sewer
Heating system
Space Heater, Heat Pump (Heating), Natural Gas
Cooling system
Heat Pump
Building Details
Year built
1972
Floors in Building
1
Flooring type
Vinyl, Linoleum
Roof type
Flat
Listing Agency:
Keller Williams Realty WNY
(716) 832-3300
Listed By:
Walaa Kadhum · License #10401363055
(716) 495-5961
Added: Jan 15
Changed: Aug 5
Last Checked: Aug 5 at 6:06PM
MLS# B1657443
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.
This turnkey auto shop is offered as a fully operational auto repair and sales business. The sale includes the business and required licenses to operate, including an NYS auto repair license, dealer license, dealer plates, and NYS inspection station approval. The shop is fully equipped with tools, equipment, and machinery included, supporting an easy transition for a new owner. Interior finishes include linoleum and vinyl flooring, with a flat roof, and heating that includes heat pump heating, space heater, and natural gas, plus heat pump cooling.
The property provides approximately 24 parking spaces for customer flow, inventory, and service vehicles. Strong visibility is noted on Elmwood Ave with easy access and consistent traffic counts. The property is located at 2617 Elmwood Avenue, Buffalo, NY 14217, in Erie County.
Built in 1972, the property is served by public sewer, and it sits on approximately 0.2913 acres. Zoning is listed as 4.
The property provides approximately 24 parking spaces for customer flow, inventory, and service vehicles. Strong visibility is noted on Elmwood Ave with easy access and consistent traffic counts. The property is located at 2617 Elmwood Avenue, Buffalo, NY 14217, in Erie County.
Built in 1972, the property is served by public sewer, and it sits on approximately 0.2913 acres. Zoning is listed as 4.
Key Highlights
- Includes NYS auto repair license, dealer license, dealer plates, and NYS inspection station approval
- Fully equipped shop with tools, equipment, and machinery included for business continuity
- Approximately 24 parking spaces for customer flow, inventory, and service vehicles
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 | $19.2k | $15.60 |
| − Vacancy | −$2.1k | −$1.68 |
| EGI | $17.1k | $13.92 |
| − OpEx | −$5.1k | −$4.17 |
| NOI | $12.0k | $9.74 |
1,232 SF · lease $15.60/SF/yr · vacancy 10.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$171.4K
$150.0K – $200.0K
NOI $12,000 @ 7.0% cap · market cap 3.00%
Second Best
Industrial
$123.3K
$107.9K – $143.8K
NOI $8,629 @ 7.0% cap · market cap 2.16%
Theoretical Best
Office A
$296.3K
$259.2K – $345.7K
NOI $20,739 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
5,696 visits/mo
0.4 miles
Demographics for 14217, NY
23,085
Population
11,280
Households
2
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
7,214
Density / Sq Mi
$72,205
Median Household Income
$51,075
Median Earnings
$970
Median Rent
$193,200
Median Home Value
Market
Vacancy Rate% for Retail in Buffalo, NY
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Fully operational auto repair and sales business offered with included licenses, equipment, and customer parking.
Where is this auto shop located?
The property is located at 2617 Elmwood Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Includes NYS auto repair license, dealer license, dealer plates, and NYS inspection station approval; Fully equipped shop with tools, equipment, and machinery included for business continuity; Approximately 24 parking spaces for customer flow, inventory, and service vehicles
