Automotive Shop with
For Sale
$249,900
278 W Main Street, Fredonia, NY 14063
CommercialSale, Fredonia, NY
Property Size1,344 SF
Lot Size0.26 Acres
Price / SF$185.94
Days on Market49
Property Features for 278 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
433
Zoning description
Business
Parking
10
Lot features
Rectangular, Rectangular Lot
Elementary school district
Fredonia
Middle school district
Fredonia
High school district
Fredonia
Subdivision
Fredonia-Village-065801
Standard status
Active
APN
065801-130-006-0001-009-002
Size
1,344 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
1832
Utilities
Sewer type
Public Sewer
Heating system
Propane (Heating), Forced Air
Water source
Public
Amenities
finished office space
restroom
overhead door
propane heat
automobile lift
Building Details
Floors in Building
1
Building materials
MetalSiding
Roof type
Shingle
Listing Agency:
Howard Hanna Holt - Fredonia
(716) 673-1800
Listed By:
Anne LaPaglia · License #30LA0737178
(716) 673-5186
Added: Sep 4
Changed: Oct 22
Last Checked: Oct 22 at 6:06PM
MLS# R1712210
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,344-square-foot automotive building is currently used for collision and paint work. The facility includes finished office space, a restroom, an overhead door, circuit breakers, propane-fired forced-air heat, and an automobile lift. Additional tools and a frame machine are negotiable. Metal siding and a shingle roof approximately 10 years old complete the building improvements.
The property occupies a 0.2618-acre corner lot measuring 68 feet by 167 feet along West Main Street and Route 20 in Fredonia. Paved parking supports customer and vehicle access, while public water and public sewer serve the site. The property is located in Chautauqua County, New York.
The property occupies a 0.2618-acre corner lot measuring 68 feet by 167 feet along West Main Street and Route 20 in Fredonia. Paved parking supports customer and vehicle access, while public water and public sewer serve the site. The property is located in Chautauqua County, New York.
Key Highlights
- 1,344‑square‑foot automotive building on a 0.2618‑acre corner lot
- Currently operating as an automobile collision and paint shop
- Finished office space, restroom, overhead door, and circuit breakers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,494
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,880
$329.9K
Cap Rate 7%
$235,629
$235.6K
Cap Rate 9%
$183,267
$183.3K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$24.2K $18.00/SF
− Vacancy
−$629 −$0.47/SF
EGI
$23.6K $17.53/SF
− OpEx
−$7.1K −$5.26/SF
NOI
$16.5K $12.27/SF
Area
Chautauqua County, NY
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,880
Cap Rate 7%
$235,629
Cap Rate 9%
$183,267
Alternative Uses
Best Use
Retail
$235.6K
$206.2K – $274.9K
NOI $16,494 @ 7.0% cap · market cap 6.60%
Second Best
Industrial
$118.7K
$103.9K – $138.5K
NOI $8,312 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$402.3K
$352.0K – $469.3K
NOI $28,159 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 14063, NY
13,028
Population
5,861
Households
2.2
Avg Household Size
34
Median Age
40%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
256
Density / Sq Mi
$55,629
Median Household Income
$27,358
Median Earnings
$852
Median Rent
$178,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Nyce & Clean Auto Detailing — 276 W Main St Unit #4, Fredonia, NY 14063
- R D Fisk Precision Collision — 276 W Main St, Fredonia, NY 14063
- Slate's Fredonia Services — 124 W Main St, Fredonia, NY 14063
- Madenford Spring & Auto — 80 Water St, Fredonia, NY 14063
Frequently Asked Questions
What type of property is this?
Auto shop - Operating automotive facility with customer-facing office space, service access, paved parking, and an included vehicle lift.
Where is this auto shop located?
The property is located at 278 W Main Street Fredonia, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 1,344‑square‑foot automotive building on a 0.2618‑acre corner lot; Currently operating as an automobile collision and paint shop; Finished office space, restroom, overhead door, and circuit breakers
