3522 Andover Road, Wellsville, NY 14895 | MLS #R1656661 | HUNT Real Estate
 
  • 171 days on site
  • 36 views

Excellent opportunity to own a well-established automotive repair and tire shop located on highly traveled State Route 417 just outside the Village of Wellsville, NY. This operational business is being offered as a turnkey investment, ideal for an owner-operator or investor seeking a proven location with multiple income streams. The heated two-bay shop is equipped with multiple vehicle lifts and is designed for efficient workflow. A customer waiting area is connected to the shop and includes an office space, along with additional storage and retail area. The rear of the building features a large bay currently utilized for tire storage, offering flexibility for expanded operations. Situated on a 1.05-acre lot, the property also includes 43 rental storage units, providing consistent supplemental income and enhancing overall cash flow. High visibility, strong traffic counts, and ample space make this a prime location for continued success or future expansion. A rare chance to acquire a fully operational automotive business with real estate and built-in income, don't miss your opportunity!

Source: New York Alliance, MLS#: R1656661

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  • Property Type
    Commercial Sale
  • Lot
    1.05 acres

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  • Median Age
    50
  • Population Density
    79
  • College Educated
    38%
  • Estimated Median Income
    $48,778
  • Estimated Total Home Owners
    3,125
  • Estimated Total Renters
    1,160
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    2
  • Total Population
    8,957
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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