1705 BroadwaySchenectady, NY 12306

This exceptional investment opportunity presents a prime commercial property located at 1705 Broadway in Schenectady, New York, 12306. The asking price for the entire property is $680,000. The property consists of a 0.11-acre lot currently housing a thriving automotive repair business. The business itself, including fixtures, furniture, and equipment (FFE), is available for an additional $225,000. A lease-back agreement is in place with the seller for approximately 1400 square feet of space, including exterior parking, at a monthly net-net-net (NNN) rent of $3500. This provides immediate and substantial rental income upon acquisition. The business boasts newer equipment and benefits from a high-traffic location on busy Broadway, ensuring consistent customer flow and profitability. The building's square footage is not currently specified, but the lease-back agreement details the space utilized by the seller. This presents a unique opportunity to acquire a profitable, established business alongside a valuable commercial property in a desirable Schenectady location. The property's precise square footage will need to be verified independently. This is an ideal investment for those seeking a blend of immediate rental income and long-term growth potential.