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Dr Hows Automotive 12753 State Route 9W

1,873 SF Retail Building West Coxsackie, NY 12192 £465,558 (£249/SF) 10% Net Initial Yield

Investment Highlights

  • Heavy day and night traffic, 2 major truck routes
  • High visibility also great spot for retail
  • large parking lot with room for expansion

Executive Summary

Prime investment opportunity, location has major traffic count and is located right at the Coxsackie NYS Thruway entrance. The location makes sense to continue as an automotive or niche truck/auto, tire, repair shop. With the heavy traffic and 1.62 acre parcel it is also advantageous to explore many possible retail applications. Building, property, and some equipment is included in the sale.

Attachments

12_FS_FL (50)

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,873 SF
Building Class
C
Year Built
1987
Price
£465,558
Price Per SF
£249
Net Initial Yield
10%
NOI
£46,556
Tenancy
Single
Number of Floors
2
Loading Docks
3 Exterior
Building FAR
0.03
Lot Size
1.60 AC
Zoning
Commercial - Site Property Class -433 - Auto body Zoning Code: 01 - Commercial Site: Com 1
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200 ft on ROUTE 9W

Amenities

  • Freeway Visibility

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
194200-028-000-0003-005-000-0000
Land Assessment
£10,250
Improvements Assessment
£108,917
Total Assessment
£119,167
  • Listing ID: 32612471

  • Date on Market: 28/07/2024

  • Last Updated:

  • Address: 12753 State Route 9W, West Coxsackie, NY 12192

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