422 Kinne St East Syracuse, NY 13057-2038
- Auto shops
- 2,562 SF
- 0.39 lot acres
Current Use by Public Records
- John's Service Center / Auto Repair Shop
Property Details for 422 Kinne St
- Year built
- 1951
- Lot size
- 0.39 lot acres
- Property size
- 2,562 SF
- Zone code
- 02 - SINGLE RESIDENCE
- Property type
- Auto shops
- APN
- 312689 040.-12-02.0
- APU
- 31268904012020
Description
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.
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
- East Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.0768
- Latitude
- 43.0723
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
