3345 Long Beach Rd Oceanside, NY 11572
- Auto shops
- 2,342 SF
- 0.31 lot acres
Current Use by Public Records
- Olympic Service Station / Auto Repair Shop
Property Details for 3345 Long Beach Rd
- Year built
- 1952
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.31 lot acres
- Property size
- 2,342 SF
- Property type
- Auto shops
- APN
- 43-357-00-0038
- APU
- 43357000038
Description
This exceptional investment opportunity presents a thriving, established auto repair shop located at 3345 Long Beach Road, Oceanside, NY 11572. The property boasts a 2,400 square foot building situated on a substantial 13,504 square foot lot, offering ample space for operations and parking. Built in 1952, the single-story structure features a 14-foot ceiling height, one dock-high door, and is zoned for auto repair. The property includes four curb cuts and parking for 36 vehicles, ensuring convenient access and ample client parking. The shop is equipped with modern amenities including new LED lighting and three-phase power. An included inspection machine adds significant value, estimated at $50,000. The current annual revenue is approximately $900,000, significantly outperforming comparable businesses in the area. The property is available for owner-user occupancy starting November 1, 2024. Annual property taxes are $32,091. Owner financing is available with a 35% down payment and terms including 5% interest and a down payment between $400,000 and $500,000. This is a rare opportunity to acquire a high-performing business with significant growth potential in a desirable location. The property's prime location on Long Beach Road ensures excellent visibility and accessibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oceanside
- County
- Nassau
- State
- New York
- Longitude
- -73.6407
- Latitude
- 40.6294
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
