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Automotive Repair Shop with Multiple Bays
For Sale
$350,000

80 Water Street, Fredonia, NY 14063

CommercialSale, Fredonia, NY

Property Size4,800 SF
Lot Size1.25 Acres
Price / SF$72.92
Days on Market183

Property Features for 80 Water Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C1
Zoning description Business
Parking 10
Lot features Irregular Lot
Elementary school district Fredonia
Middle school district Fredonia
High school district Fredonia
Subdivision Fredonia-Village-065801
Standard status Active
APN 065801-113-065-0002-032-000
Size 4,800 SF
Lot size 1.25 Acres

Taxes and HOA fees

Tax Annual Amount 10281

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Radiant, Forced Air
Water source Public

Amenities

three-phase electric

Building Details

Year built 1986
Floors in Building 2
Building materials Block
Roof type Rubber, Membrane, Shingle
Listing Agency: Howard Hanna Holt - Fredonia
Listed By: Anne LaPaglia · License #30LA0737178
Added: Apr 10 Changed: Sep 17 Last Checked: Oct 9 at 12:06AM
MLS# R1672496

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,800-square-foot automotive repair facility occupies 1.2481 acres at 80 Water Street in Fredonia, New York. Built in 1986, the block construction building has two 14-foot overhead doors and two 10-foot overhead doors, supporting varied vehicle service operations. The property is equipped with three-phase electric service and uses natural gas, radiant, and forced-air heating.

The site includes public water and public sewer, with a roof system comprising rubber, membrane, and shingle components. It is a registered repair shop and includes a New York State inspection station; continued inspection operations require purchaser approval from the state. An additional rental space is also part of the property. The building is offered separately from the operating business, with business assets available only under a combined acquisition.

Key Highlights

  • 4,800‑square‑foot automotive repair facility on 1.2481 acres
  • Two 14‑foot and two 10‑foot overhead doors
  • Three‑phase electric service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,687
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,740 $593.7K
Cap Rate 7%
$424,100 $424.1K
Cap Rate 9%
$329,856 $329.9K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$45.5K $9.48/SF
− Vacancy
−$3.1K −$0.64/SF
EGI
$42.4K $8.84/SF
− OpEx
−$12.7K −$2.65/SF
NOI
$29.7K $6.18/SF
Area
Chautauqua 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%
$593,740
Cap Rate 7%
$424,100
Cap Rate 9%
$329,856

Alternative Uses

Best Use
Retail
$841.5K
$736.4K – $981.8K (±1% cap)
NOI $58,908 @ 7.0% cap · market cap 16.83%
Second Best
Industrial
$424.1K
$371.1K – $494.8K (±1% cap)
NOI $29,687 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,570 @ 7.0% cap · market cap 28.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Madenford Spring & Auto Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Restaurant Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby
Well-served
Demand for This Use

Demographics for 14063, NY

13,028
Population
5,861
Households
2.2
Avg Household Size
34
Median Age
40%
College-Educated
95%
High-School Grad
50.9 sq mi
ZIP Area
256
Density / Sq Mi
$55,629
Median Household Income
$27,358
Median Earnings
$852
Median Rent
$178,500
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
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Similar Off Market Nearby

  • Nyce & Clean Auto Detailing — 276 W Main St Unit #4, Fredonia, NY 14063
  • R D Fisk Precision Collision — 276 W Main St, Fredonia, NY 14063
  • Slate's Fredonia Services — 124 W Main St, Fredonia, NY 14063
  • Madenford Spring & Auto — 80 Water St, Fredonia, NY 14063
  • Inter-Mec Systems Manufacturing, Inc. — 33 Curtis Pl, Fredonia, NY 14063

Frequently Asked Questions

What type of property is this?
Auto shop - Operating repair facility with multiple overhead doors, three-phase electric, and an additional rental space.
Where is this auto shop located?
The property is located at 80 Water Street Fredonia, 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: 4,800‑square‑foot automotive repair facility on 1.2481 acres; Two 14‑foot and two 10‑foot overhead doors; Three‑phase electric service
More about this property
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