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Three-Bay Auto Repair Shop
For Sale
$650,000
Pending

7 Saratoga Avenue, Ballston Spa, NY 12020

Commercial Sale, Ballston Spa, NY

Property Size3,328 SF
Lot Size0.28 Acres
Days on Market241

Property Features for 7 Saratoga Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 30
Parking features Garage, Off Street
Exterior features Lighting
Lot features Road Frontage, Corner Lot
High school Ballston Spa
Elementary school district Ballston Spa
Middle school district Ballston Spa
High school district Ballston Spa
Directions Rt 50 to Ballston Spa. Property on Corner of Rt50 7 & Saratoga Ave.
Standard status Pending
APN 414201 203.80-2-44
Size 3,328 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Annual Amount 7000

Utilities

Sewer type Public Sewer
Water source Public

Amenities

private office
large front lobby
storage room
glass doors

Building Details

Year built 1924
Floors in Building 2
Flooring type Concrete
Building materials Block
Roof type Asphalt
Architectural style Other
Additional Structures Outbuilding
Listing Agency: Howard Hanna Capital Inc
Listed By: Julia Audi · License #10401323566
Added: Mar 11 Changed: Oct 8 Last Checked: Nov 6 at 12:06PM
MLS# 202613135

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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 3,328-square-foot auto repair property occupies a 0.28-acre site and includes three large service bays with lifts, an upstairs private office, front customer lobby, storage room, and bathroom. Glass garage doors provide natural light to the work areas, while concrete flooring, block construction, asphalt roofing, and on-site lighting support the facility’s operational layout. The sale includes the operating auto repair business, shop equipment, and industry-specific software; mechanics’ personal tools are excluded.

The property is located on Rt 50 in Ballston Spa and is designated Commercial. More than 30 parking spaces are available, with both off-street and garage parking. Public water and public sewer serve the property. Built in 1924, the building offers an established automotive service configuration with tire, diagnostic, fluid evacuation, and A/C recharge equipment included.

Key Highlights

  • 3,328 SF auto repair building on 0.28 acres
  • Three large repair bays with lifts
  • Over 30 parking spots with off‑street and garage parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,172
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,440 $803.4K
Cap Rate 7%
$573,886 $573.9K
Cap Rate 9%
$446,356 $446.4K
Market Conditions
NOI Build-Up for 3,328 SF
Gross rent
$59.9K $18.00/SF
− Vacancy
−$2.5K −$0.76/SF
EGI
$57.4K $17.24/SF
− OpEx
−$17.2K −$5.17/SF
NOI
$40.2K $12.07/SF
Area
Saratoga County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,440
Cap Rate 7%
$573,886
Cap Rate 9%
$446,356

Alternative Uses

Best Use
Retail
$573.9K
$502.2K – $669.5K (±1% cap)
NOI $40,172 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$294.0K
$257.3K – $343.1K (±1% cap)
NOI $20,583 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$996.1K
$871.6K – $1.16M (±1% cap)
NOI $69,728 @ 7.0% cap · market cap 10.73%
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

Quality Foreign Car ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Garden Center

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

3
Service bays
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12020, NY

34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
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

  • Fat Boyz Kustomz — 85 Bath St, Ballston Spa, NY 12020
  • Jim's Garage — 17 Washington St, Ballston Spa, NY 12020
  • Generations Auto Repair — 85 Bath St, Ballston Spa, NY 12020
  • Quality Foreign Car Care Inc — 7 Saratoga Ave, Ballston Spa, NY 12020
  • Hearn Automotive Redesign — 51 Kent St, Malta, NY 12020

Frequently Asked Questions

What type of property is this?
Auto shop - Commercial auto repair property with office, customer lobby, storage, lifts, and included shop equipment.
Where is this auto shop located?
The property is located at 7 Saratoga Avenue Ballston Spa, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,328 SF auto repair building on 0.28 acres; Three large repair bays with lifts; Over 30 parking spots with off‑street and garage parking
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Includes: Price & PSF · Cap rate · Location · Zoning

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