313 State Route 96 Owego, NY 13827
- Gas stations
- 2,226 SF
- 0.62 lot acres
Current Use by Public Records
- Gas stations
Property Details for 313 State Route 96
- Year built
- 1980
- Lot size
- 0.62 lot acres
- Property size
- 2,226 SF
- Zone code
- ZONE
- Property type
- Gas stations
- APN
- 493600 106.09-1-6.20
- APU
- 493600106091620
Description
This exceptional turnkey business opportunity in Owego, NY, presents a rare chance to acquire an established automotive repair shop and sales center with a loyal customer base exceeding 2000 clients. Strategically located between Owego and Ithaca, this property boasts a prime location for continued success. The main building features three spacious bays equipped with lifts and 10-foot overhead doors, ideal for efficient vehicle servicing. An additional separate garage bay, complete with an 8-foot overhead door, offers versatile potential, perhaps as a detailing shop. The 23' x 17' office space includes a comfortable waiting area, a restroom, and a kitchenette, complemented by a large back deck providing scenic views. A second-floor lounge or office area adds further flexibility. A walk-out basement, situated beneath the office, offers additional storage and includes a restroom. The office area benefits from central air conditioning, while the building utilizes fuel oil heating. The garage is heated by a waste oil furnace. Recent upgrades include a new steel roof, new garage doors, and a new well, ensuring the property is well-maintained and energy-efficient. Included in the sale are valuable assets such as a compressor with air lines, a tire machine and balancer, a parts washer, an AC refrigerant management center, and a NYS inspection machine. An automotive expert billing guide is also provided to facilitate a smooth transition. The sizable office space presents an opportunity for a secondary business venture. The property currently houses a real estate office, but this space could be easily adapted to suit a variety of uses. Two full-time mechanics and a sales manager are currently employed at the shop. This is a truly exceptional opportunity for an entrepreneur seeking a well-established and profitable business with significant growth potential.
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
- Owego
- County
- Tioga
- State
- New York
- Longitude
- -76.2928
- Latitude
- 42.1435
- CBSA code
- 13780
- CBSA name
- BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
