1568 Ocean Ave Bohemia, NY 11716
This exceptional opportunity presents a thriving auto collision and repair business located at 1568 Ocean Ave, Bohemia, NY 11716, in Suffolk County. Priced at $699,000, this turnkey operation boasts 5,000 square feet across a single-story building, encompassing four units. The property includes a substantial 12-space parking lot, catering to both customers and employees. A significant advantage is the existing 5-year lease, providing immediate stability and long-term potential. The business is fully equipped with high-quality tools and machinery, including an Ingersoll Rand Air Compressor, a Jaguar Frame Machine, and a Spray Booth, ensuring efficient and professional service. Further enhancing its profitability, the business benefits from established towing agreements and dealer vendor relationships. Detailed financial information is available upon request, subject to a non-disclosure agreement. The seller is motivated to retire, making this a compelling investment for an entrepreneur seeking a profitable and established auto-related business. This is a rare opportunity to acquire a well-established and profitable business with significant growth potential. Don't miss out; seize this chance to own a successful enterprise in a prime location.
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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
Similar Nearby for Lease
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.