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16-Bay Auto Repair Shop

60 Delaware St, Walton, NY 13856

For Sale
$725,000

The sale includes the operating business, shop equipment, showroom, and office areas.

Property Size7,000 SF
Lot Size2.50 Acres
Price / SF$103.57
Days on Market19

Property Features for 60 Delaware St

General Information

Standard status Active
Size 7,000 SF
Total Parking Spaces 40
Lot size 2.50 Acres

Site & Location

Corner Location Yes
Traffic Count 4,135 vehicles/day
Road Access Yes
Utilities to Site Yes

Automotive

Service Bays 16
Automotive Uses auto repair, collision/body shop, dealership/vehicle sales

Tenancy & Operations

Currently Operating Yes
Real Estate Included Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,701

Amenities

showroom
offices
two half baths
cathedral ceilings
window wall
three-zone natural gas heat
public water
public sewer
metal roof (2022)
open floor plan

Building Details

Buildings 1
Listing Agency: The Holscher Group
Listed By: Benjamin Holscher · License #10491214193
Source: Exprealty
Added: Oct 22 Changed: Nov 7 Last Checked: Nov 8 at 9:28AM

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 The Holscher 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.

This 7,000-square-foot automotive property on 2.5 acres combines an open repair shop with a front showroom and offices. The shop has 16 bays, four lifts, a paint booth, a frame machine, and a dedicated paint-mixing room. Three overhead doors measure 8, 8, and 13 feet; rear shop ceilings are approximately 15 feet, while the front area reaches 20 to 22 feet. The building also includes two half baths, three-zone natural gas heat, public water and sewer, and a metal roof replaced in 2022. The offering includes the operating collision, restoration, mechanical, and pre-owned vehicle sales business, along with equipment.

The corner parcel has approximately 124 feet of frontage on NY Route 10, which carries 4,135 vehicles per day according to NYSDOT 2024 data. The property is about a quarter mile from the village center and has approximately 40 parking spaces. Open land at the rear may support display, parking, or storage, subject to Village approvals.

Key Highlights

  • 16‑bay shop with four lifts, a paint booth, frame machine, and paint‑mixing room
  • 7,000 SF building on 2.5 acres
  • Approximately 124 ft of frontage on NY Route 10; 4,135 vehicles per day (NYSDOT 2024)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$65,762
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,315,240 $1.3M
Cap Rate 7%
$939,457 $939.5K
Cap Rate 9%
$730,689 $730.7K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$100.8K $14.40/SF
− Vacancy
−$6.9K −$0.98/SF
EGI
$93.9K $13.42/SF
− OpEx
−$28.2K −$4.03/SF
NOI
$65.8K $9.39/SF
Area
Delaware County, NY
Vacancy
6.80%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,315,240
Cap Rate 7%
$939,457
Cap Rate 9%
$730,689

Alternative Uses

Best Use
Retail
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,294 @ 7.0% cap · market cap 16.32%
Second Best
Industrial
$939.5K
$822.0K – $1.10M (±1% cap)
NOI $65,762 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$3.43M
$3.01M – $4.01M (±1% cap)
NOI $240,408 @ 7.0% cap · market cap 33.16%
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

Delco Towing Auto Repair Shop West Branch Collision ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Storage Facility Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

16
Service bays
4,135 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby
Well-served
Demand for This Use

Demographics for 13856, NY

6,193
Population
3,652
Households
1.7
Avg Household Size
47
Median Age
25%
College-Educated
92%
High-School Grad
179.7 sq mi
ZIP Area
34
Density / Sq Mi
$48,852
Median Household Income
$36,360
Median Earnings
$764
Median Rent
$144,100
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

  • Underwood's Service — 187 Delaware St, Walton, NY 13856
  • Cheetah Turbo — 136a Delaware St, Walton, NY 13856
  • Don Oralls Garage — 7 North St, Walton, NY 13856
  • Delco Towing — 60 Delaware St, Walton, NY 13856
  • West Branch Collision and Classics — 60 Delaware St, Walton, NY 13856

Frequently Asked Questions

What type of property is this?
Auto shop - The sale includes the operating business, shop equipment, showroom, and office areas.
Where is this auto shop located?
The property is located at 60 Delaware St Walton, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 16‑bay shop with four lifts, a paint booth, frame machine, and paint‑mixing room; 7,000 SF building on 2.5 acres; Approximately 124 ft of frontage on NY Route 10; 4,135 vehicles per day (NYSDOT 2024)
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