690-696 River Street, Troy, NY 12180

Building Details

Year built

1954

Listing agent Joseph Cardinale License #10401290174

Listing office HOWARD HANNA CAPITAL INC 1547 RTE 9, CLIFTON PARK, NY Show Phone

Listing date Jan 28, 2026

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MLS# 11638749

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This commercial property in Troy, NY, features a car wash with equipment replaced in 2020. The property has significant growth potential due to the revitalization of Troy. The car wash includes radiant heating on tunnel entrance and exit pads, and self-serve floors with 10' runouts. It features a complete Balanger & Sonny's Tunnel System with Innovation Control System (2020) and a Sonny's Banana Peel 120' Conveyor System with Hydraulic Pump Drive (2020). Additionally, there is a Carolina Pride Express 4 Bay Self Serves system complete (2020). The property also includes a 3-bay service garage and office area currently leased for additional income. Abutting street AADT is 11372 & AADT is 5289.

Suggested Use

Real Estate Agency Accounting Firm Law Firm Travel Agency Tech Support Center Car Rental Facility Storage Facility Computer & Electronic Repair Shopping Center & Mall Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Troy

County

Albany

State

New York

Longitude

-73.683389

Latitude

42.745669

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FAQs

What type of property is this?

Car wash - Revitalized car wash with high-end equipment and income potential.

Where is this car wash located?

The property is located at 690-696 River Street Troy, NY.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: High CAP Rate: Approximately 8.1% with potential to exceed 10%; New Car Wash Equipment: All equipment replaced in 2020; Top‑of‑the‑Line Equipment: Features Balanger & Sonny's Tunnel System with Innovation Control System (2020) and Sonny's Banana Peel 120' Conveyor System (2020)