$Seller Financing Available
| Asking Price |
$525,000 | Inventory |
negotiable** |
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1970 |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
Long standing and well respected dealer in the community. Great visibility. Situated on heavily travelled route between suburban communities and Albany. Census data shows 58,000+ households within 3 mile radius with median household income of $45,000. Zoning in this town (East Greenbush) prohibits any more auto dealerships but this one is grandfathered in so it has additional value as such. Price is $525,000. Owner will hold paper at 7% with $250K down payment and full balloon in 2 years. If you'd like to see the property, click here - http://maps.google.com/maps?hl=en&tab=wl
Facilities: 1+ acre lot. 1,000 sf office w/small repair bay. Room for about 50 cars.
Competition: Zoning limits competition. Total of 5 used car dealerships along this road. Nearest are 1/8, 1/4, and 1/2 mile away.
Seller Financing Available: Yes
Financing: 7% with minimum of $250,000 down. 2 year balloon.

F.Michael Boehne
518-464-0870 x 201
Prudential Blake-Atlantic Realtors
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