3345 Long Beach Rd, Oceanside, NY 11572
For Sale
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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.
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Olympic Service Station Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.