
Description
In Wappingers Falls is a well established (over 20 years) auto repair shop with 5,376 Sqft for sale. Sale includes NYS Inspection/license transfer machine. Enormous building surrounded by plenty of parking currently leasing to 2 tenants. Front of building is occupied with 2,500 sqft includes a small lobby/office space with large full bath. Lease remaining time of 1 year and tenant expressed interest on renewing with potential use of entire building. Currently paying $3,300 with 5% increase every year. Back lot is leased to another tenant for parking space $1,000/month. Owner utilize back half of building and small office space with 1/2 bath. Zoning is grandfather in for commercial use. Great investment opportunity. Don't miss out.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
In Wappingers Falls is a well established (over 20 years) auto repair shop with 5,376 Sqft for sale. Sale includes NYS Inspection/license transfer machine. Enormous building surrounded by plenty of parking currently leasing to 2 tenants. Front of building is occupied with 2,500 sqft includes a small lobby/office space with large full bath. Lease remaining time of 1 year and tenant expressed interest on renewing with potential use of entire building. Currently paying $3,300 with 5% increase every year. Back lot is leased to another tenant for parking space $1,000/month. Owner utilize back half of building and small office space with 1/2 bath. Zoning is grandfather in for commercial use. Great investment opportunity. Don't miss out.
© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2023-06-03T00:19:54.527.