Property profile

85 Main St North Tonawanda, NY 14120

OFF-MARKET
Auto shops
Property ID
US63-1480603
3,076 SF 0.36 ac lot Built 1961
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey opportunity presents a well-established auto transmission shop located at 85 Main Street, North Tonawanda, NY 14120. The property, a single-story Class B retail building constructed in 1961, offers 3,076 square feet of space ideally suited for automotive repair. The building features five overhead doors, providing convenient access for vehicles, and six car lifts, enhancing operational efficiency. The layout includes a front office area for customer interaction, with two overhead doors at the front for easy street access. Additional access is available from Columbia Street, leading to three more overhead doors at the rear of the building. Ample parking is available on-site with 10 spaces. This established business offers a unique chance to acquire a profitable operation, complete with building and equipment, eliminating the need for a start-up phase. The asking price for this complete package is $469,900. The property's prime location on Main Street ensures high visibility and accessibility for customers. This is a rare opportunity to acquire a successful, established business with significant potential for continued growth.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1961
Total area 3,076 SF
Lot 0.36 ac (15,840 SF)
Zoning code C-2
APN 291200 185.38-1-1
UPID US63-1480603

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

85 Main St North Tonawanda, NY 14120-5903
North Tonawanda metro Census 23200 BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Zoning & alternative use

C-2 · North Tonawanda, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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