Four-Bay Auto
For Sale
$315,000
800 Kensington Avenue, Buffalo, NY 14215
Operating repair facility includes lifting equipment, inspection equipment, security features, and dedicated vehicle parking.
Property Size2,064 SF
Days on Market51
Property Features for 800 Kensington Avenue
General Information
Standard status
Active
Size
2,064 SF
Property subtype
COMMERCIAL
Additional Details
Service Bays
4
Taxes and HOA fees
Annual Taxes
$2,472
Amenities
energy efficient lighting
security system
NYS inspection machine
hydraulic car lifts
Building Details
Building Size
2,064 SF
Listing Agency:
WNY Metro Roberts Realty
Listed By:
Sherry Holtz · License #10401237951
(716) 860-7579
Source:
Highfallssir
Added: Aug 18
Changed: Sep 21
Last Checked: Oct 5 at 10:00PM
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 WNY Metro Roberts Realty
Investment Insights
Based on property information with market context.
This auto shop is occupied by an established auto repair business that has served the community for more than 40 years. The facility includes 4 bays, 2 hydraulic car lifts, an NYS inspection machine, and parking ability for 20+ vehicles. New energy-efficient lighting and a security system are also in place.
Located at 800 Kensington Avenue in Buffalo, the property offers an existing automotive service setup with equipment suited to ongoing repair operations. The owner may be willing to include some tools and inventory with the sale, subject to discussion.
Located at 800 Kensington Avenue in Buffalo, the property offers an existing automotive service setup with equipment suited to ongoing repair operations. The owner may be willing to include some tools and inventory with the sale, subject to discussion.
Key Highlights
- 4‑bay auto shop with 2 hydraulic car lifts
- Occupied by an auto repair business serving the community for more than 40 years
- Parking ability for 20+ vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,105
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,100
$402.1K
Cap Rate 7%
$287,214
$287.2K
Cap Rate 9%
$223,389
$223.4K
Market Conditions
NOI Build-Up for 2,064 SF
Gross rent
$32.2K $15.60/SF
− Vacancy
−$3.5K −$1.68/SF
EGI
$28.7K $13.92/SF
− OpEx
−$8.6K −$4.17/SF
NOI
$20.1K $9.74/SF
Area
Buffalo, NY
Vacancy
10.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,100
Cap Rate 7%
$287,214
Cap Rate 9%
$223,389
Alternative Uses
Best Use
Retail
$287.2K
$251.3K – $335.1K
NOI $20,105 @ 7.0% cap · market cap 6.38%
Second Best
Industrial
$206.5K
$180.7K – $241.0K
NOI $14,457 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$496.4K
$434.3K – $579.1K
NOI $34,745 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Service bays
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14215, NY
42,447
Population
19,203
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,843
Density / Sq Mi
$43,326
Median Household Income
$29,204
Median Earnings
$993
Median Rent
$102,800
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 Buffalo, NY
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Similar Off Market Nearby
- Brookline Machine Co — 1870 fillmore ave, buffalo, ny 14214
- Duffy's Mcc Auto — 310 Kensington Ave, Buffalo, NY 14214
- 3 WORDZ enterprise LLC — 310 Kensington Ave, Buffalo, NY 14214
- Exclusive Whips Automotive — Buffalo, NY 14215
- Bailey auto center — 2695 Bailey Ave, Buffalo, NY 14215
Frequently Asked Questions
What type of property is this?
Auto shop - Operating repair facility includes lifting equipment, inspection equipment, security features, and dedicated vehicle parking.
Where is this auto shop located?
The property is located at 800 Kensington Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 4‑bay auto shop with 2 hydraulic car lifts; Occupied by an auto repair business serving the community for more than 40 years; Parking ability for 20+ vehicles
