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    Property profile & analytics
    OFF-MARKET Estimated value $1,390,000
    Auto shops

    3 Anchor Ave, Oceanside, NY 11572-3036

    2,470 SF 0.1 ac lot Built 1926
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US63-2930939
    Property summary
    AI-generated overview

    This exceptional Oceanside, NY commercial property presents a unique investment opportunity, ideally suited for an auto body shop or similar automotive-related business. Located at 3 Anchor Ave, this 3192 square foot mixed-use building sits on a 0.1-acre lot and is currently priced at $999,000. The property's zoning allows for auto body repair and other mixed-use applications, making it perfect for tire shops or related services. The building's design incorporates multiple bays and garages, providing ample space for efficient operations and storage. This well-equipped warehouse offers significant potential for both business growth and substantial income generation. The strategic location in Oceanside ensures high visibility and accessibility, attracting a large customer base. This turnkey operation is ready for immediate occupancy, allowing a new owner to begin generating revenue quickly. The property's strong structural integrity and functional layout contribute to its overall value and appeal. This is a rare opportunity to acquire a well-established and profitable commercial property in a thriving market. Serious inquiries are encouraged to explore this promising investment prospect further. The property's size and zoning make it a versatile option for a variety of automotive-related businesses. Don't miss this chance to secure a prime commercial space in a desirable location.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1926
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,470 SF
    Lot 0.1 ac (4,270 SF)
    APN 43-327-00-0124
    UPID US63-2930939
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Artie's Auto Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.82M
    Blend (final) Blend
    $1.39M
    Owner & transaction history
    Joe Automotive Service LLC
    Joe Automotive Service LLC
    since 2025
    1 recorded transaction
    2025
    $485,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $2.3M +34.2%
    Neighborhood: shopping center $2.2M +28.1%
    Office building $1.7M +3.0%
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