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    FOR SALE
    Auto shops

    45845 County Road 48, Southold, NY 11971

    0.51 ac lot
    Individually Owned ~ Est. High Equity
    Property ID
    US63-1909386
    Property summary
    AI-generated overview

    This exceptional 3,500 square foot retail property presents a remarkable investment opportunity in the vibrant town of Southold, NY. Situated on a half-acre lot at 45845 County Road 48, this high-exposure location offers unparalleled visibility and accessibility for a wide range of businesses. The building boasts convenient features including overhead doors, a waiting room, and a full bathroom, along with ample parking for customers and employees. The versatile space is ideal for a variety of uses, such as a convenience store, retail or wholesale business, storage/warehouse facility, automotive services, or garden sales. The zoning permits retail, service, and professional uses, providing flexibility for potential buyers. The existing building includes approximately 350 square feet of office space (10% of the total). Note that a profitable auto repair business currently operates on the premises, but is not included in the asking price of $1,599,000. This presents a unique chance to acquire a well-located property with significant potential for immediate income generation or redevelopment. Don't miss this chance to own a piece of Southold's thriving commercial landscape.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Lot 0.51 ac (22,216 SF)
    Zoning code B
    APN 1000-055.00-02.00-017.000
    UPID US63-1909386
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Owner & transaction history
    James H Jacobs JR.
    James H Jacobs JR.
    1 recorded transaction
    1969
    Zoning & alternative use
    B · Southold, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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