Evergreen Car Wash
358 Lake Ave
Rochester, NY 14608
https://thebrokerlist.com/have/evergreen-car-wash-108127
FOR SALE
Property Type:
Street Retail
Last Verified:
Apr 14, 2021
Highlights
- High Visibility
- Heavy Traffic Counts
- Zoned Commercial
- +/- 1.27 Acres
Description
********************PRIME LOCATION*******************
Evergreen Car Wash has been in existence for over 60 yrs and is available to purchase. This property has high visibility and traffic with avg. daily car counts exceeding 27,000. Minutes from Downtown Rochester with easy access to I490 and Rt 104. Surrounded by dense rooftops, and other retailers that provide many use possibilities for this location. This site could continue as a car wash or be redeveloped for another use with over 130 feet of frontage and 1.26 acres to work with. There are recently built storage units that are 100% occupied and produce cash flow exceeding 30K per year.
Located adjacent to Aldi on Lake Avenue near Phelps Avenue
Year Built: 1961
Building Size: 8044sq ft
Lot Size: 1.27 acres
Map of 358 Lake Ave , Rochester, NY, 14608
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
