471 Main St Poughkeepsie, NY 12601-3438
This exceptional turnkey business opportunity presents a well-established auto body shop in a prime Poughkeepsie location. Situated on Main Street in Dutchess County, this property boasts high visibility and convenient access to major roadways, including the Poughkeepsie Bridge and the NY State Thruway. The property consists of two buildings totaling 5,829 square feet on a 0.52-acre lot, zoned C-3. The main building, a solid brick structure built in 1920, features a wheelchair ramp, office and reception area, three half baths, a restoration room (36x28 feet), and a separate spray paint booth. The spacious attic (58x38.5 feet) offers significant potential for expansion. High ceilings (14 feet/11 feet to mid-beam) add to the functionality. The shop is equipped with state-of-the-art equipment, including a Spies Hecker computerized paint mixing system, a double-ended down draft bake oven spray booth, a Celette frame machine with center lift, and a car aligner frame machine with two 9,200-lb power pulling posts. The property also includes a paved lot with ample off-street parking and gate-protected access. This thriving business, operating successfully for over 40 years, offers a unique opportunity for a new owner to step into a well-established enterprise with significant potential for growth. The asking price is $595,000, representing $102.08 per square foot and $297,500 per unit. Seller concessions are available. This is a rare opportunity to acquire a profitable business with a strong track record in a desirable location.
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BTO Auto Works, Inc. 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 2020Comparables
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
R-1 · Poughkeepsie, NYCosts & 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.