Specializing in Adirondack Real Estate

690-696 River Street, Troy, NY 12180

$2,300,000

  • Status: Active
  • MLS # 202411943

Property Details:

  • Acres: 0.4
  • Square Feet: 1,636
  • Year Built: 1954
  • Town: Troy
  • School District: Troy
  • Estimated Taxes: $12,232
  • Water Type: Public
  • Sewer Type: Public Sewer
  • Heat Type: Radiant, Natural Gas
  • Basement: None
  • Exterior: Block
  • Property Type: Commercial
Listing Courtesy of: Howard Hanna 518-755-2064

Description:

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 Property has a 3 bay service garage & office area currently leased for great additional income! Check out the virtual tour!!! and you can walk right through the carwash! For detailed financial info please contact us

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