For Sale
$2,950,000

81 Glen Cove Ave Glen Cove, NY 11542

Prime Auto Shop, High-Traffic Location, Excellent Returns

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a well-established, 100% occupied auto shop at 81 Glen Cove Avenue, Glen Cove, NY 11542. The property, a Class B building constructed in 1908 and renovated in 2001, boasts a desirable location directly off Route 107, providing excellent visibility and convenient access to Route 495. The 0.51-acre lot includes a two-story, 1-building structure with high ceilings and features a spray booth, sewer connection, and tow license. The current owner-user operation has enjoyed over 30 years of success and upward trending sales, making this an attractive proposition for both investors and end-users. The property's strategic location within Glen Cove, a city with six existing auto dealerships, further enhances its potential. The existing building sits on a substantial lot with additional wooded land behind the shop, offering potential for future development and expansion. This turnkey operation is offered at $2,950,000 and presents a rare chance to acquire a superior location with steadily increasing returns in a thriving market. The property is zoned for retail use and is an essential business.

Highlights

  • Sewer connection available.
  • Property possesses a valid tow license.
  • On-site spray booth included.
  • High ceilings throughout the space.
  • Natural gas service available.

Property Details for 81 Glen Cove Ave

Property type
Retail properties, Auto shops
Class
B
Year Built/Renovated
1908/2001
Buildings
1
Stories
2
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Glen Cove
County
Nassau
State
New York
Latitude
40.8596029
Longitude
-73.6338905

FAQs

What type of property is this?
Retail property - Prime Auto Shop, High-Traffic Location, Excellent Returns
Where is the retail property located?
The property is located at 81 Glen Cove Ave Glen Cove, NY.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Sewer connection available.; Property possesses a valid tow license.; On-site spray booth included.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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81 Glen Cove Ave
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