For Sale
$1,725,000

26 Morris StNew Rochelle, NY 10801

Newly renovated, vacant auto body shop.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a newly renovated, 6,500 square foot auto body and repair shop located at 26 Morris St, New Rochelle, NY 10801, in Westchester County. The property boasts a 3,000 square foot auto shop space, ideally suited for a variety of automotive businesses. Key features include a large spray booth, two lifts, and one frame lift, ensuring efficient and comprehensive vehicle repair capabilities. The shop benefits from a recently installed Modine heater and a new roof, minimizing maintenance concerns. A 500 square foot office space complements the shop, featuring a newly renovated customer waiting area, a private office, and a bathroom with a shower. The property also includes climate control (heating and air conditioning). The expansive 3,000 square foot gated lot provides ample parking and storage space. The property is currently vacant, offering immediate occupancy for a new tenant. The asking price is $1,725,000, translating to $575 per square foot. 2022 property taxes were $13,429. This is a turnkey operation ready for immediate use, representing a strong return on investment in a desirable location. The gross lease structure simplifies management and ensures a predictable income stream. This single-tenancy property offers a straightforward and efficient investment strategy.

Highlights

  • Newly renovated 6,500 SF auto body shop in New Rochelle, NY.
  • Features 3,000 SF shop space with spray booth, two lifts, and a frame lift.
  • Includes 500 SF office with waiting area, private office, and bathroom.
  • 3,000 SF gated lot offers ample parking and storage.
  • Asking price: $1,725,000 ($575/SF); 2022 taxes: $13,429.

Property Details for 26 Morris St

Property type
Retail properties, Auto shops
Square Feet
3,000 SF

Location Insight

City
New Rochelle
County
Westchester
State
New York
Latitude
40.9166854
Longitude
-73.7865331
26 Morris St, New Rochelle, New York

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26 Morris St
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