422 Kinne St, East Syracuse, NY 13057-2038
This exceptional offering presents a lucrative opportunity to acquire a well-established auto repair business, complete with all furniture, fixtures, and equipment (FF&E), and a two-bedroom, one-bathroom single-family residence, all situated on a 0.39-acre lot in East Syracuse, NY. The property boasts a highly visible location on Kinne Street, featuring 171 feet of frontage and a high average daily traffic count of 4,146 vehicles. The auto repair shop comprises two drive-in work bays with three lifts, twelve-foot ceilings, and radiant heat. The shop also includes a fully climate-controlled office. The included residence offers approximately 1,000 square feet of living space, featuring hardwood floors, a full basement with washer/dryer hookups, and a gas stove. The property includes a New York State inspection license. Seller financing may be available for qualified buyers. This turnkey operation has been profitable for over 20 years and offers significant potential for continued growth. The two buildings, constructed in 1946, sit on a 0.39-acre lot and are currently 100% occupied. The asking price is $490,000. Personal tools will be removed prior to closing.
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John's Service Center 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
02 - SINGLE RESIDENCE · East Syracuse, NYEast Syracuse. Always verify with local authorities before improvements.
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.