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41 Main St, Randolph, NY, 14772
Turnkey Automotive Dealership

41 Main St Randolph, NY 14772

For Sale
$699,000

Turnkey dealership with showroom, multi-bay service center, parts department, and paved vehicle display area.

Property Size8,394 SF
Price / SF$83.27
Days on Market167

Property Features for 41 Main St

General Information

Standard status
Active
Size
8,394 SF
Listing Agency: Century 21 Turner Brokers
Listed By: Thomas Turner · License #10311200036
Source: Exprealty
Added: Feb 7 Changed: Jul 23 Last Checked: Jul 23 at 7:07AM

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 Century 21 Turner Brokers


Investment Insights

Based on property information with market context.

This turnkey automotive dealership property includes a bright showroom with multiple private sales offices and a waiting room. The service center features multiple bays with high-clearance overhead doors and commercial-grade lifts, along with a dedicated parts department. A back building has been used as a drive-in detail bay for prepping multiple vehicles at the same time. The sale also includes an array of automotive equipment and tools, including a New York State motor vehicle inspector certification transfer, GM Specialty tools, a front-end alignment machine, inspection machine, battery tester, wheel balancing machines, and tire machines. Additional improvements noted include a metal roof installed in 2010 and a new boiler system in 2024.

The property is located at 41 Main St in Randolph, NY, with significant road frontage and a large paved display area suitable for vehicle presentation.

With its combined retail showroom, service operations, and paved exterior display, the property is configured to support dealership sales and servicing in one location.

Key Highlights

  • Well‑established turnkey automotive dealership with showroom, multi‑bay service center, parts department, and paved vehicle display area
  • Large paved display area and significant road frontage
  • Service center includes multiple bays with high‑clearance overhead doors and commercial‑grade lifts

Financial Insights For Industrial

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 $79.6k $9.48
− Vacancy −$5.4k −$0.64
EGI $74.2k $8.84
− OpEx −$22.2k −$2.65
NOI $51.9k $6.18
8,394 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.09M
$951.9K – $1.27M (±1% cap)
NOI $76,150 @ 7.0% cap · market cap 10.89%
Second Best
Industrial
$741.6K
$648.9K – $865.3K (±1% cap)
NOI $51,915 @ 7.0% cap · market cap 7.43%
Theoretical Best
Healthcare Medical
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,129 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Landmark Chevrolet Car Dealership Landmark Chevrolet Service Auto Repair Shop

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Hair Salon Cafe & Coffee Shop Auto Parts Store Restaurant Grocery & Convenience Store Pharmacy

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

Similar Off Market Nearby

  • Landmark Chevrolet Service — 41 Main St, Randolph, NY 14772

FAQs

What type of property is this?
Auto shop - Turnkey dealership with showroom, multi-bay service center, parts department, and paved vehicle display area.
Where is this auto shop located?
The property is located at 41 Main St Randolph, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Well‑established turnkey automotive dealership with showroom, multi‑bay service center, parts department, and paved vehicle display area; Large paved display area and significant road frontage; Service center includes multiple bays with high‑clearance overhead doors and commercial‑grade lifts
More about this property
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