Turnkey Auto Body Repair
814 Broadway Schenectady, NY 12305
814 Broadway, Schenectady, NY, 12305
$350,000
For Sale
$350,000
Auto body repair shop with office, parking, and upgrades.
Property Size2,580 SF
Price / SF$135.66
Days on Market99
Property Features for 814 Broadway
General Information
- Standard status
- Active
- Size
- 2,580 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1955
Listing agency
HOWARD HANNA CAPITAL INC
(518) 489-1000
Listed by
BRYAN GAUTIE
Source
Corcoran
Added: Apr 14 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 6:13AM
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 HOWARD HANNA CAPITAL INC
Investment Insights
Based on property information with market context.
This is a turnkey auto body repair shop featuring 2 bays that are 4 cars deep, along with a 140 square foot office area and a new half bath. The property is located in a city location near major highways and businesses. It is zoned commercial zone 3. Off-street parking is available for approximately 9 vehicles. Newer upgrades have been made throughout the property. The property offers potential for office, light industrial, and warehouse or storage uses. The property size is 2580 square feet.
Key Highlights
- Turn‑key auto body repair shop with 2 bays (4‑car deep).
- Prime city location near major highways and businesses.
- Commercial Zone 3 allows for diverse business potential (auto body, office, light industrial, warehouse/storage).
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.4k | $18.00 |
| − Vacancy | −$2.0k | −$0.76 |
| EGI | $44.5k | $17.24 |
| − OpEx | −$13.3k | −$5.17 |
| NOI | $31.1k | $12.07 |
2,580 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$444.9K
$389.3K – $519.1K
NOI $31,143 @ 7.0% cap · market cap 8.90%
Second Best
Industrial
$228.0K
$199.5K – $266.0K
NOI $15,957 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$772.2K
$675.7K – $900.9K
NOI $54,056 @ 7.0% cap · market cap 15.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- All World Repairs — 701 Genesee St, Schenectady, NY 12306
- King's Royalty Garage, Inc. — 1137 Cutler St, Schenectady, NY 12303
- Walter's Auto Body — 1305 Crane St, Schenectady, NY 12303
- L & A Automotive — 2155 Broadway, Schenectady, NY 12306
- Ampd Auto LLC — 2102 Guilderland Ave, Schenectady, NY 12306
FAQs
What type of property is this?
Auto shop - Auto body repair shop with office, parking, and upgrades.
Where is this auto shop located?
The property is located at 814 Broadway Schenectady, 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: Turn‑key auto body repair shop with **2 bays (4‑car deep)**.; Prime city location near major highways and businesses.; Commercial Zone 3 allows for diverse business potential (auto body, office, light industrial, warehouse/storage).
