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Automotive Building with Vacant Parcel
New
For Sale
$350,000

32 Coach Street, Canandaigua, NY 14424

An existing automotive setup includes service equipment, with a separate vacant parcel also part of the property.

Property Size2,142 SF
Days on Market5

Property Features for 32 Coach Street

General Information

Standard status Active
Size 2,142 SF
Property subtype Commercial

Additional Details

Road Access Yes
Land Use commercial, automotive
Real Estate Included Yes

Taxes and HOA fees

Annual Taxes $3,301

Building Details

Building Size 2,142 SF
Year Built 1940
Buildings 1
Listing Agency: Griffith Realty Group
Listed By: Andrew M. Griffith · License #10311200292
Source: Griffith-realty
Added: Oct 28 Changed: Oct 31 Last Checked: Oct 30 at 3:14PM

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 Griffith Realty Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property pairs a building configured for automotive use with a separate vacant parcel. The building dates to 1940 and has two overhead doors, each 12 feet high, along with an air compressor and an automotive lift. The existing arrangement can support continued automotive use or be considered for another business concept.

At 32 Coach Street in Canandaigua, the property is less than one block from Main Street. Downtown pubs, breweries, wine bars, restaurants, and retail shops are nearby.

Key Highlights

  • Automotive building with two 12‑foot‑high overhead doors
  • Includes an air compressor and automotive lift
  • Separate vacant parcel included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,689
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,780 $553.8K
Cap Rate 7%
$395,557 $395.6K
Cap Rate 9%
$307,656 $307.7K
Market Conditions
NOI Build-Up for 2,142 SF
Gross rent
$40.6K $18.96/SF
− Vacancy
−$1.1K −$0.49/SF
EGI
$39.6K $18.47/SF
− OpEx
−$11.9K −$5.54/SF
NOI
$27.7K $12.93/SF
Area
Ontario County, NY
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,780
Cap Rate 7%
$395,557
Cap Rate 9%
$307,656

Alternative Uses

Best Use
Retail
$395.6K
$346.1K – $461.5K (±1% cap)
NOI $27,689 @ 7.0% cap · market cap 7.91%
Second Best
Industrial
$188.0K
$164.5K – $219.4K (±1% cap)
NOI $13,162 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$641.1K
$561.0K – $748.0K (±1% cap)
NOI $44,879 @ 7.0% cap · market cap 12.82%
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

Auto shops

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Garden Center Bakery Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

861
Businesses Nearby
Well-served
Demand for This Use

Demographics for 14424, NY

28,353
Population
14,482
Households
2
Avg Household Size
48
Median Age
41%
College-Educated
94%
High-School Grad
129.5 sq mi
ZIP Area
219
Density / Sq Mi
$79,135
Median Household Income
$45,885
Median Earnings
$1,228
Median Rent
$250,400
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Shepard Ford — 20 Eastern Blvd, Canandaigua, NY 14424
  • Maguire Ford of Canandaigua — 20 Eastern Blvd, Canandaigua, NY 14424
  • Shepard Bros., Inc. Parts — 20 Eastern Blvd, Canandaigua, NY 14424
  • Thiel's Import Auto Services — 14 Saltonstall St, Canandaigua, NY 14424
  • Palmer Automotive Inc — 89 West Ave, Canandaigua, NY 14424

Frequently Asked Questions

What type of property is this?
Auto shop - An existing automotive setup includes service equipment, with a separate vacant parcel also part of the property.
Where is this auto shop located?
The property is located at 32 Coach Street Canandaigua, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Automotive building with two 12‑foot‑high overhead doors; Includes an air compressor and automotive lift; Separate vacant parcel included
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Includes: Price & PSF · Cap rate · Location · Zoning

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