7424 Route 16 Franklinville, NY 14737
This exceptional Franklinville, NY, mixed-use property presents a rare opportunity for a savvy investor. Established in 1982, the highly successful Civic Auto Sales and Service boasts annual gross sales exceeding $2,000,000. The sale includes two parcels totaling 3.801 acres, providing ample space for the existing 3,120 square foot commercial building, a substantial outdoor lot capable of holding 30-40 vehicles, and a separate 2,700 cubic foot storage unit. A three-bedroom income property is also included, adding to the investment potential. The business benefits from a loyal customer base and excellent location. The property features a private septic system and water well, ensuring self-sufficiency. Heating is provided by forced air and an Energy Logic waste oil furnace, offering cost-effective operation. Some equipment may remain with the sale. The current owner is offering transition support, staying on for up to two months to facilitate a smooth transfer. This turnkey operation is ready for a new owner to continue its legacy of success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.