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Investment Highlights

  • This is a prime space that can be purchased with or without the lucrative repair business in place.

Executive Summary

Owner financing available with 35% down. This 4-bay auto repair shop is for sale. It features 16-foot ceilings, 3 phase power, new LED lighting, 4 curb cuts, and 36 parking spaces. There is great exposure on Long Beach Road. The business includes an inspection machine, valued at $50,000. The current mechanic shop is making approximately $900,000 per year, which is about $700,000 more than many local repair shops!
Taxes: $32,091

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,400 SF
Building Class
C
Year Built
1952
Price
$2,502,486 CAD
Price Per SF
$1,042.70 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.31 AC
Zoning
Commercial
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
135’ on Long Beach Rd

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage

About 3345 LONG BEACH RD , OCEANSIDE, NY 11572

This 4-bay auto repair shop is for sale. It features 16-foot ceilings, 3 phase power, new LED lighting, 4 curb cuts, and 36 parking spaces. There is great exposure on Long Beach Road. The business includes an inspection machine, valued at $50,000. Owner financing is available with 5% interest and only $400,000-500,000 down. The current mechanic shop is making approximately $900,000 per year, which is about $700,000 more than many local repair shops! Taxes: $32,091

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Olympic Service
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Olympic Service - - - -
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Trader Joe's
Club Pilates
Flagstar Bank
Dime Community Bank
Just Salad
Stop and Shop
Orangetheory Fitness
Pure Barre
Webster Bank
IHOP

Property Taxes

Property Taxes

Parcel Number
2089-43-357-00-0038-0
Land Assessment
$4,016 CAD
Improvements Assessment
$1,561 CAD
Total Assessment
$5,578 CAD
  • Listing ID: 20170326

  • Date on Market: 2018-12-12

  • Last Updated:

  • Address: 3345 Long Beach Rd, Oceanside, NY 11572

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