Prime vacant lot measuring .287 acres located on State Route 55 in the City of Troy. This downtown parcel offers excellent visibility and accessibility, making it ideal for development. Utilities are available at the street. Two curb cuts including one on Market Street and another on Canal Street. This makes for great traffic flow into the property with a potential drive through window. It would be the perfect place for a coffee shop, restaurant, bank or credit union.
The property is located within Troy’s zoning overlay district, providing additional development opportunities subject to city approval. Troy also offers special tax abatement programs for qualifying projects, creating potential long-term savings for owners and investors.
Conveniently situated near downtown Troy, shopping, dining, and major routes. A rare opportunity to secure a buildable lot with strong upside in an established and growing area. Buyer to verify zoning and abatement eligibility.
Consists of two parcels D08-011580 and D08-011590
Agent has partial ownership