Industrial Building / Auto Repair Shop | 1400 Middle Country Rd
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Industrial Building / Auto Repair Shop 1400 Middle Country Rd
3,444 SF Industrial Building Centereach, NY 11720 $1,370,508 CAD ($397.94 CAD/SF) 4.93% Cap Rate
INVESTMENT HIGHLIGHTS
- 158' Frontage - Heavy vehicular traffic at all times along Middle Country Road
- Select Fixtures/Equipment included upon request
- Large lot over half acre
EXECUTIVE SUMMARY
Prime Middle Country Road Location with 158' Frontage. Existing Auto/Transmission Repair Shop. Available for Sale or Lease. Delivered Vacant. Some Fixtures/Equipment Can Be Included Upon Request. Plot Size 24,394 SF / .56 Acres. Contact Kevin Hill or Nicholas Campasano for More Info.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$109,306
|
$31.74
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$5,028
|
$1.46
|
| Effective Gross Income |
$104,278
|
$30.28
|
| Taxes |
$29,814
|
$8.66
|
| Operating Expenses |
$6,943
|
$2.02
|
| Total Expenses |
$36,757
|
$10.67
|
| Net Operating Income |
$67,521
|
$19.61
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $109,306 |
| Annual Per SF | $31.74 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $5,028 |
| Annual Per SF | $1.46 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $104,278 |
| Annual Per SF | $30.28 |
| Taxes (CAD) | |
|---|---|
| Annual | $29,814 |
| Annual Per SF | $8.66 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $6,943 |
| Annual Per SF | $2.02 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $36,757 |
| Annual Per SF | $10.67 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $67,521 |
| Annual Per SF | $19.61 |
PROPERTY FACTS Under Contract
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating
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Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 0200-489-00-03-00-027-000 | Total Assessment | $5,957 CAD (2023) |
| Land Assessment | $2,553 CAD (2023) | Annual Taxes | $29,814 CAD ($8.66 CAD/SF) |
| Improvements Assessment | $3,404 CAD (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0200-489-00-03-00-027-000
Land Assessment
$2,553 CAD (2023)
Improvements Assessment
$3,404 CAD (2023)
Total Assessment
$5,957 CAD (2023)
Annual Taxes
$29,814 CAD ($8.66 CAD/SF)
Tax Year
2024
ZONING
| Zoning Code | L Ind 1 (Industrial, Light Manufacturing, Office, and Select Retail Uses Permitted) |
| L Ind 1 (Industrial, Light Manufacturing, Office, and Select Retail Uses Permitted) |
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Industrial Building / Auto Repair Shop | 1400 Middle Country Rd
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