Building Details

Building Size 7,080 SF

Year Built 1984

Buildings 3

Stories 2

Listed By: Heidi Westcott Show Phone

Source: Deeprootedrealty

Added: Dec 7, 2025 Changed: Oct 23 Last Checked: Oct 23 at 11:09AM

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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 Heidi Westcott

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

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Investment Insights

Based on property information with market context.

At 583 S Main Street in Central Square, this automotive property occupies a 0.55-acre corner parcel. The site has COM1 commercial zoning and a history of automotive business operations spanning more than 40 years. The building was constructed in 1984.

The property is located on S Main Street in Central Square, New York, at the intersection corner.

Key Highlights

• 0.55‑acre corner parcel
• COM1 commercial zoning
• Automotive business history spanning more than 40 years

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$43,788

Cap Rate

6.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$875,760 $875.8K

Cap Rate 7%

$625,543 $625.5K

Cap Rate 9%

$486,533 $486.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 7,080 SF

Gross rent

$67.1K $9.48/SF

− Vacancy

−$4.6K −$0.64/SF

EGI

$62.6K $8.84/SF

− OpEx

−$18.8K −$2.65/SF

NOI

$43.8K $6.18/SF

Area

Oswego County, NY

Vacancy

6.80%

Lease Rate

$9.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$875,760

Cap Rate 7%

$625,543

Cap Rate 9%

$486,533

Alternative Uses

Best Use

Retail

$976.7K

$854.6K – $1.14M (±1% cap)

NOI $68,369 @ 7.0% cap · market cap 10.85%

Second Best

Industrial

$625.5K

$547.4K – $729.8K (±1% cap)

NOI $43,788 @ 7.0% cap · market cap 6.95%

Theoretical Best

Office A

$1.41M

$1.24M – $1.65M (±1% cap)

NOI $98,853 @ 7.0% cap · market cap 15.69%

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

Extreme Motors Auto Parts Store

Suggested Use

Top Pick Electrical Service Plumbing Service Bakery Grocery & Convenience Store Garden Center Storage Facility

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

243

Businesses Nearby

3k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

Jreck Subs Dining

3,484 visits/mo 0.3 miles

Demographics for 13036, NY

8,601

Population

3,959

Households

2.2

Avg Household Size

45

Median Age

22%

College-Educated

94%

High-School Grad

46.1 sq mi

ZIP Area

187

Density / Sq Mi

$87,610

Median Household Income

$45,448

Median Earnings

$960

Median Rent

$173,900

Median Home Value

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 For Sale Nearby

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Freestanding Restaurant and Bar

68 US Rte 11, Central Square, NY 13036

Contact for pricing

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Similar Off Market Nearby

• Chauvaux's Service Center — 473 US-11, Central Square, NY 13036
• Clevelands Garage LLC — 526 S Main St, Central Square, NY 13036
• The new central sq auto repair — 518 S Main St, Central Square, NY 13036
• Reymore Chevrolet Service — 746 N Main St, Central Square, NY 13036
• Chevrolet Service Center — 746 N Main St suite a, Central Square, NY 13036

Frequently Asked Questions

What type of property is this?

Auto shop - The property has COM1 commercial zoning and more than 40 years of automotive business history.

Where is this auto shop located?

The property is located at 583 S Main Street Central Square, NY.

What is the asking price?

The asking price for this property is $629,900.

What are key features of this property?

This property features: 0.55‑acre corner parcel; COM1 commercial zoning; Automotive business history spanning more than 40 years