1476-1480 State St - Freestanding FOR SALE


Schenectady, NY 12304- Central State
$1,800,000 USD
518-368-3932
1476-1480 State St, Schenectady, NY for Sale
$1,800,000 USD
Freestanding - FOR SALE
1/73
null | Request Cap Rate

1476-1480 State St
Schenectady, NY 12304
Central State


HIGHLIGHTS

  • Laundry business is primed for growth and rate increases
  • Located in Central State Street, minutes from downtown Schenectady
  • Opportunity to increase value through rent increases/constructing new space

OVERVIEW

Mixed-used Retail Plaza and Laundromat Business for Sale Prime location with ample off-street parking (65 parking spots) Upgrades throughout, including electric, plumbing, HVAC and roof (8 years) High Traffic Area close to Downtown Schenectady and Major Highway Entrance Currently 4 Retail Spaces, 2 Residential Apartments, 1 3000 sqft warehouse space, 2 Garage Bays including office space Laundromat is separately metered with dedicated 6'' sewer main. All Machines are Credit Card enabled.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1480 State St., Schenectady, NY 12304

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

48,003 SF

ZONING

05-COMME

APN/PARCEL ID

049-076-0003-015-000-0000

ASK ABOUT THIS PROPERTY

Ben RomerKeller Williams Capital DistrictMore Info
518-368-3932

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Ben RomerKeller Williams Capital DistrictMore Info
518-368-3932

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.