40 Main St - Freestanding FOR SALE


South Glens Falls, NY 12803
$850,000 USD
518-307-7824
40 Main St, South Glens Falls, NY for Sale
$850,000 USD
Freestanding - FOR SALE
1/15
null | Request Cap Rate

40 Main St
South Glens Falls, NY 12803


OVERVIEW

Check out "Sorrentino's Delicatessen and Market", an established community landmark for 26+ years. This offering presents a unique opportunity to acquire an existing business with commercial real estate included. The longstanding market/deli business has strong historical financials and we have a preliminary business valuation available upon request/execution of an NDA. The property features a 5,387 SF building on 0.54 acres, complete with public utilities: water, sewer, natural gas, and electric, all situated in a commercial (C1) zone. Potential to expand/refine the existing business or also explore rental/redevelopment options. Prime location, in a high traffic, high visibility area, right across the bridge from the buzzing Downtown Glens Falls. Poised for growth and success.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$181 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

1981

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C1

APN/PARCEL ID

413400-135-008-0001-061-000-0000

ASK ABOUT THIS PROPERTY

Nic KetterRealize BrokersMore Info
518-307-7824

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Nic KetterRealize BrokersMore Info
518-307-7824

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