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10911011
33629469

9809 River Rd, Marcy, NY 13403

MP
NY, NY 40PR0919917
Berkshire Hathaway HomeServices CNY Realty
Listed by Berkshire Hathaway HomeServices CNY Realty
$695,000
1165 days on market
Updated 16 days ago

Marcy Car Wash and More...

Details
APN 306.007-1-42.2; 306.007-1-42.1
Property Type Business for Sale, Mixed Use (+3)
Sub Type Car Wash, Creative Office (+1)
Square Footage 116,741
Net Rentable (SqFt) 4,860
Units 3
Cap Rate 12.00%
NOI $54,577
Occupancy 100%
Tenancy Multi
Price per SqFt $6
Broker Co-Op Yes
Year Built 2003,2005
Year Renovated 2018
Buildings 4
Stories 1
Acreage 2.680
Zoning Commercial
Parking Spaces 20 spaces
Parking Per SqFt 0.17
Investment Type Value Add
Ownership LaPolla

Retail service Value Add Buildings and Land Offer Opportunity.Option to Purchase only Car Wash...

Marketing description

REASON FOR SELLING IS OWNER IS RETIRING.NEW PRICE ON OPTION TO PURCHASE ONLY THE CAR WASH. ENTIRE PROPERTY IS STILL AVAILABLE. TREMENDOUS VALUE ADD. EXCELLENT FOR A 1031. CAR WASH ONLY PRICED AT $449,000. THE NOI IS BASED ON THE CAR WASH ONLY AND NOT THE SHOP OR THE HOUSE/OFFICE ON THE ADJOINING PROPERTY BEHIND THE CAR WASH.THAT IS VALUE ADD.

Property consists of 2 tax parcels. The Car Wash in front was constructed in 2005 and sets on .91 acres of paved surface. It consists of 2 manual wash bays measuring 1440 sf with room for additional bay. There is also a third exterior wash area. There are also vacuums and trash collection. Second parcel wraps around the car wash and goes to the rear some 500' back consisting of 1.76 acres with 60' R.O.W. that makes up part of the 243' of road frontage on busy River Road. All parking and driveways are nicely paved for a clean look. There is a 1500 sf office building/apartment (25' x 60')with garage renovated in 2018 and a tastefully done 30'x60' building built in 2003 with 2 car lifts and much more. All 3 buildings as well as a 10' x 12' storage shed are uniform in color and construction making for a smart look and well maintained commercial complex. The car wash has a concrete floor with radiant heat to curb ice build up. Both the interiors and exteriors of all buildings are tastefully done. Financials are available upon signing NDA.

Investment highlights

  • NOI IS BASED ON CAR WASH INCOME ONLY AND NOT THE VALUE ADD OF THE SECOND PARCEL INCLUDED BEHIND THE CAR WASH WHICH CONSISTS OF 2 WELL BUILT AND ATTRACTIVE APARTMENT/OFFICE AND SHOP ALL WELL PAVED

  • High Exposure Property Consisting of 2 Adjacent Tax Parcels With Vast Business Opportunity

  • Car Wash With Vacuum Stations in Front With 2 More Newly Built and Renovated Buildings in Use

  • Both Properties Combined Offer an Opportunity to Operate a Moderate Scale Shuttle Service Etal

  • All Construction is Nearly New and Up to Date With Codes

  • Car Wash Could Be Expanded and/or Used in Conjunction With a New Business Using Existing Buildings

  • Call Agent for More Information and Discuss Further

Listing Contacts

MP
NY, NY 40PR0919917
Berkshire Hathaway HomeServices CNY Realty
Listed by Berkshire Hathaway HomeServices CNY Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,577.00
$4,548.08/mo

Valuation Metrics

0
DSCR
7.85%
Cap Rate
7.85%
ROI

Map

Zoning

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MU-N MixedMixed UseMixed Use Neighborhood
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View all 78 uses
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Last updated Mar 5, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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