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Car Wash and Small Retail Mall in Pine Plains New York
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| Property Group | Commercial | | Property Type | | | Built | 1992 | | Waste System | Septic | | Price | US$ 750,000
For Sale |
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| Location | Pine Plains | | Nearest City | Pine Plains | | Offices | 3 |
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| | For further details contact
John Wallace
143 Longview Drive
Chatham, 12037, NY
United States
Phone: +1-518-392-7062
Fax: +1-877-875-5704
http://www.worldrealtynews.com |
Listing has been viewed 1855 times |
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This small commercial mall is located off of Route 82, on Pilcher Drive in Pine Pines, NY. The mall consists of a Chinese Restaurant, Liquor Store, Medical Office and a Car Wash (operated by the landlord). The section of the village where the property is located is best characterized as highly commercial with a diversity of businesses including a U.S. Post Office, a True Value hardware store, gas station, and an auto repair shop in the same general area.
The main building, which houses the three tenants, is a one story, 4,000 square foot, frame constructed building located on 1.37 acres of property. There are 10 foot ceilings, vinyl siding, thermopane windows, gas forced air heat, central air conditioning and 3-phase, 220 amp electrical service. The tenants pay their own heat and electric.
Total Monthly Rental Income from the three tenants is $4,450., which does not include the Car Wash, which is operated by the Owner-Landlord. Monthly expenses run about $1,500. for insurance, real estate taxes, utilities and maintenance. Pine Plains is in a growing, quiet smalltown with new residential developments coming soon.
Email for complete informational package. |
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