Retail - Automotive Dealers | Services - Auto Repair, Parts & Svcs

$Seller Financing Available

Asking Price	$597,500	Inventory	negotiable**
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1982
FF&E	negotiable*	Employees	5,000

* included in the asking price

** not included in the asking price

This corner location has got everything you need to run your successful automotive business and keep it growing. Equipment and existing clientele can be included in the deal or just move in and start operating your own business. The size of the lot allows for additional building if yo need to expand or if you convert the property to another commercial use. This suburban (8 miles from) Albany location is growing in the midst of a national rescession. Tech growth from the GE's new MRI and Wind Turbine units, AMD's new $5 Billion chip fab, the Cancer Research Center, Semetech's Nanotechnology facility and RPI's EMPAC Center continue to create jobs now and great prospects for the future. Stable employment from the capital of NYS government and 18 local colleges & universities keeps the local economy humming along. Housing is affordable and stable. This is may be just the opportunity you are lookig for. Call me today.

Facilities: 5,000 SF building with front offices, 5 auto repair bays, 5 rollup doors: 1-12', 2-10', 3-8'. Ceilings 14' - 10'. 400 AMP electrical service. Gas Hot Air heating. 1.14 acre lot with New blacktop displays about 75 cars. Also has a Residential Apartment on premisis.

Competition: Commercial zoning. Located on Columbia Turnpike (aka US Routes 9 & 20) in the town of East Greenbush. NYS DOT daily traffic count approx 20,000. Zoning limits additional automotive in area. Total of 5 used car dealerships along this road. Nearest are 1/8, 1/4 and 1 mile away.

Growth/Expansion: Currently used (and continued use allowed) as an Auto Dealership & Repair location. Zoning also allows property to be converted to professional or medical offices as well and a host of other non-industrial uses providing a valuable investement as property values rise in this growing, middle-class community.

Seller Financing Available: Yes

Financing: Owner willing to hold paper with substantial down payment

Support/Training: Total taxes approximately $17,000.