2228 Court StSyracuse, NY 13208

For Sale
$849,000

Two Shops, High Traffic Location, $849,000

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity presents a portfolio of two auto body shops located in Syracuse, New York, at 2228 Court St, 13208. The portfolio comprises two separate buildings totaling 1,066 square feet, each situated on a corner lot and benefiting from high daytime traffic. Both shops are currently 100% occupied, as of December 31, 2022, and boast two bays with lifts in each. The properties are zoned for commercial/retail use, making them ideal for continued operation as auto body shops or potential redevelopment. The asking price for the entire portfolio is $849,000, representing a price per square foot of $796.44 and a price per unit of $849,000. The seller is open to financing options with a 30% down payment, and terms are negotiable. This turnkey operation presents a rare chance to acquire a well-established, profitable business in a prime location. Individual sale of the properties is also considered, with one shop priced at $320,000 and the other at $529,000. This presents a flexible investment opportunity for both large and smaller-scale investors. The properties are owned by Len DiMaggio.

Highlights

  • High-visibility corner lot location.
  • Excellent daily traffic counts.
  • Turnkey auto body shops available.
  • Each shop features two bays equipped with lifts.

Property Details for 2228 Court St

Property type
Other specialty properties, Automotive properties
Square Feet
1,066 SF
Buildings
2
Units
1

Location Insight

City
Syracuse
County
Onondaga
State
New York
Latitude
43.0825521
Longitude
-76.1382238
2228 Court St, Syracuse, New York

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2228 Court St
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