690 Riv St 696 Troy, NY 12180-1505
This exceptional commercial property, located at 690 River Street, Unit 690-696 in Troy, NY, presents a unique investment opportunity. Situated on a sizable 0.4-acre lot directly on the river, this property offers unparalleled potential for a variety of commercial ventures. The expansive lot provides ample space for development or redevelopment, catering to businesses requiring significant outdoor space or prominent riverfront visibility. The property's address, 690 River Street, Unit 690-696, ensures high visibility and easy accessibility. The asking price for this remarkable property is $2,000,000. Given its prime location, substantial lot size, and riverfront access, this property represents a rare and valuable asset in the thriving Troy, NY market. The property's classification as "Other" suggests flexibility in its potential uses, making it an attractive option for creative entrepreneurs and established businesses alike. Serious inquiries are encouraged to explore the possibilities this exceptional riverfront location offers. The property's size and location make it ideal for a range of commercial uses, from restaurants and retail spaces to offices and light industrial businesses. The potential for significant return on investment is substantial, given the property's unique characteristics and desirable location within Troy. Further due diligence is recommended to fully assess the development potential and suitability for specific commercial ventures. This is a truly exceptional opportunity to acquire a significant piece of Troy's riverfront real estate.
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Troy City Car Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B5 · Troy, NYCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.