223 Broadway - Freestanding FOR SALE


Rensselaer, NY 12144
$1,500,000 USD
518-221-2949
223 Broadway, Rensselaer, NY for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

223 Broadway
Rensselaer, NY 12144


HIGHLIGHTS

  • : LOCATION, LOCATION, LOCATION! Just off the 787 entrance ramp, seconds to route 9 & 20, I-90, I-87 & downtown Albany

OVERVIEW

LOCATION, LOCATION, LOCATION! 223 Broadway is conveniently located in the city of Rensselaer's Downtown business district at the corner of Broadway and Ferry Street. Located just off the 787 entrance ramp, seconds to route 9 & 20, downtown Albany and just a couple of minutes to I-87 North and South bound as well as I-90 East & West bound. The property offers plenty of off-street parking with15-20 spaces in rear., an 8,500 sq ft solid block building, with brick facade & vinyl siding. It features 16' ceilings, a full basement and three phase/400V electric. Updates include new rubber roof in 2025 and heating system. Currently operating as an auto parts business which is also available for sale. See docs for Bulk and Use Table: MU-1 Downtown Mixed-Use.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

M1 Downtown Mixed Use

APN/PARCEL ID

1400-143.67-1-7.2

ASK ABOUT THIS PROPERTY

Douglas SchenkRE/MAX CapitalMore Info
518-221-2949

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Douglas SchenkRE/MAX CapitalMore Info
518-221-2949

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