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Listed by Joseph P Cardinale • Howard Hanna Capital Inc
$500,000
Est. payment /mo
7.25 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202429887
Year Built 1970
Annual Tax Amount $4,155
Lot Size 7.250 Acres
Acres 7.25
Lot Dimensions 7.25 Acres
Property Sub-Type Business
Source Global MLS
Property Description
Tremendous business opportunity keeping it in it's current use as a Storage Facility or many potential uses for your own business. Current CAP Rate 10.7% easily increased to 15% with additional utilization of current facility. Room to double the size on the existing acreage! Nominal building sizes 2 @ 28X60, 1 @ 30X60, 1 @ 30X75, 1 @ 50X60, 1 56X96 and All with power and Concrete Floors!!! Additionally a 10X 60' Building, A horse Stable with Corral the large Heated Shop Building with 1 BR Living area & Separate restroom facility building. Current net income over $50K a year) projected potential Net Income $70-$100K with current buildings. Call for additional Details!!
Location
State NY
County Albany
Zoning Mixed
Direction Slight right onto NY-443 W
Interior
Heating Forced Air, Other
Exterior
Roof Type Metal
Building
Sewer Septic Tank
Water Other
New Construction No
Others
Tax ID 013200 78.-1-7
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