12 Tuttle Hill RdCandor, NY 13743

Property Details for 12 Tuttle Hill Rd

Year built

1865

Lot size

1.01 AC

Property size (Sq ft)

1,356 SF

Zone code

ZONE

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

492489 60.00-1-14

APU

4924896000114

Description

This exceptional business opportunity includes a thriving, well-established auto repair shop and a comfortable 3-bedroom house, all situated on a convenient 1.01-acre lot in Candor, New York. The 4,500 square foot shop features four service bays, ample parking, and is ideally located just off the main road, ensuring high visibility and easy access for customers. All equipment and inventory are included in the sale price of $750,000, providing a seamless transition for the new owner. The current owner, with over two decades of experience as the area's preferred auto repair service, has generously offered assistance to ensure a smooth handover and continued success. This turnkey operation presents a rare chance to acquire a profitable business with a valuable residential component, eliminating the need for separate living arrangements. The property's size and location offer significant potential for expansion or diversification, making it an attractive investment for both seasoned entrepreneurs and first-time business owners. The combination of a successful business and comfortable living quarters makes this a truly unique and compelling opportunity. Don't miss out on this chance to own a well-established business with a proven track record and significant growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $218,971

  6.5%

  $202,127

  7%

  $187,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $123,882

  Geo Method

  $177,175

• Alternative Use

  Use

  Valuation

  Residential

  $250,638

  Hospitality

  $229,583

  Educational

  $191,010

  Medical

  $197,579

  Retail

  $297,127

Location Insight

City

Candor

County

Tioga

State

New York

Latitude

42.2304

Longitude

-76.3662

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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