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179 Mclean Ave
Yonkers, NY 10705
Retail Property For Sale
Investment Highlights
- Corner Lot
- Zoned BR with a 1.5 FAR
- Seller Financing Available
Executive Summary
Rare opportunity to acquire a corner commercial property with seller financing available for qualified buyers and a long-term leaseback tenant in place.
The lot measures 78 ft x 106 ft, totaling 8,268 sq. ft., with a 1,703 sq. ft. building. Zoned BR with a 1.5 FAR, the site permits up to 12,402 buildable sq. ft. Approved uses under BR zoning include municipal services, banks, commercial schools, indoor markets, medical facilities, offices, personal service establishments, restaurants, retail, and theaters.
The property is currently operating as an active automotive repair and tow truck business. The operator is seeking a long-term leaseback to continue operations post-sale. Formerly a gas station, the site has no underground storage tanks, and an environmental assessment has been completed.
The lot measures 78 ft x 106 ft, totaling 8,268 sq. ft., with a 1,703 sq. ft. building. Zoned BR with a 1.5 FAR, the site permits up to 12,402 buildable sq. ft. Approved uses under BR zoning include municipal services, banks, commercial schools, indoor markets, medical facilities, offices, personal service establishments, restaurants, retail, and theaters.
The property is currently operating as an active automotive repair and tow truck business. The operator is seeking a long-term leaseback to continue operations post-sale. Formerly a gas station, the site has no underground storage tanks, and an environmental assessment has been completed.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,703 SF
Building Class
C
Year Built
1927
Price
$2,176,816 CAD
Price Per SF
$1,278.22 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.19 AC
Zoning
BR
Parking
10 Spaces (5.87 Spaces per 1,000 SF Leased)
Frontage
124’ on Mclean Ave
Property Taxes
| Parcel Number | 1800-001-000-00044-000-0026-28 | Improvements Assessment | $4,082 CAD |
| Land Assessment | $16,326 CAD | Total Assessment | $20,408 CAD |
Property Taxes
Parcel Number
1800-001-000-00044-000-0026-28
Land Assessment
$16,326 CAD
Improvements Assessment
$4,082 CAD
Total Assessment
$20,408 CAD
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