690-696 River St - Freestanding FOR SALE


Troy, NY 12180
$1,500,000 USD
518-755-2064
690-696 River St, Troy, NY for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/46
null | 16.2% Cap Rate

690-696 River St
Troy, NY 12180


OVERVIEW

All Car Wash equipment replaced in 2020, Approximate CAP RATE 8.1% with a 10% cap rate or better attainable. All Equipment is top of the line. In position to take advantage of the revitalization of Troy with a significant growth potential.Radiant heating on tunnel entrance & exit pads, self serve floors with 10' runouts. Complete Balanger & Sonny's Tunnel System with Innovation Control System (2020) Sonny's Banana Peel 120' Conveyor System with Hydraulic Pump Drive (2020) Carolina Pride Express 4 Bay Self Serves system complete (2020),Abutting Street AADT 11372 & AADT 5289

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$258 USD /SF

CAP RATE

16.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

B5

APN/PARCEL ID

381700 90.70-9-1

ASK ABOUT THIS PROPERTY

Joseph CardinaleHoward Hanna Real Estate ServicesMore Info
518-755-2064

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Joseph CardinaleHoward Hanna Real Estate ServicesMore Info
518-755-2064

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.