162-164 Glen St - Storefront Retail/Residential FOR SALE


Glens Falls, NY 12801
$898,000 USD
518-361-2292
162-164 Glen St, Glens Falls, NY for Sale
$898,000 USD
Storefront Retail/Residential - FOR SALE
1/36
null | Request Cap Rate

162-164 Glen St
Glens Falls, NY 12801


HIGHLIGHTS

  • First floor was renovated in 2009
  • Building is made up of 4 separate suites totaling 7,654 square feet
  • 9' ceilings, rubber roof, 3 apartments, 1st floor restaurant

OVERVIEW

After 18 years' operating a Mexican Restaurant and Grill at 162 Glen Street the owner is relocating down state to be with family. This is an incredible opportunity to own a turnkey restaurant and mixed-use building located at Glens Falls most visible location. All fixtures, furnishings and equipment are included in the sale price. Restaurant financials available upon request. Great rental income from two apartments on the second floor and one apartment located on the third floor. (Apartment photos to follow) Extensive capital improvements. No critical differed maintenance.

FOR SALE DETAILS

PRICE

$898,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,858 SF

ZONING

CCD

APN/PARCEL ID

520500-302-020-0031-002-000-0000

ASK ABOUT THIS PROPERTY

Mark LevackLevack Real Estate, IncMore Info
518-361-2292

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Mark LevackLevack Real Estate, IncMore Info
518-361-2292

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