53 Main St Canisteo, NY 14823-1030
This exceptional turnkey business opportunity in Canisteo, NY, presents a rare chance to acquire a well-established auto repair garage and used car sales business, operating successfully since 1963. The main building, approximately 3,632 square feet (85' x 35'), boasts a 9'4" ceiling height, a gas furnace with radiant floor heating, and ample customer parking. Included in the sale is a comprehensive array of equipment: an alignment machine, tire changer and balancer, brake lathe, one lift, air compressor, and a waste oil furnace. Adding to the investment potential is a two-story barn (approximately 30' x 30') with a metal roof, currently used for storage but offering significant rental income potential for boats, campers, or other storage needs. Above the garage is a spacious three-bedroom apartment, currently generating $1,000 per month in rental income, including utilities. The apartment features a large kitchen, living room, laundry area, and two bathrooms (one with a shower, one with a tub). All appliances are included. County records indicate the building was constructed in 1960
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Van's Alignment Services (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
07 - MIXED · Canisteo, NYCanisteo. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.