113-125 Sheridan

$800,000
Business For Sale - Under Contract
  • Commercial
  • MLS # 202317290
Listing Provided By: NAI Platform LLC William Curry518-253-5970

Property Details

  • Acres: 0.8
  • Building Area: 34,000
  • Town: Albany
  • Property Type: Commercial
  • School District: Albany
  • Estimated Taxes: $34,535
  • Water: Public
  • Sewer: Public Sewer
  • Heat: Forced Air, Radiant, Natural Gas
  • Property Style: Office
  • Basement: Unfinished
  • Exterior: Block, Brick
  • County: Albany
  • Cooling: None
  • Parking Spaces: 20
  • Zoning: Industrial

Remarks

Large two story office/warehouse buildings totaling ~34,000 sf between Sheridan Avenue and Orange Street. Two floors of warehouse space. These buildings present a great opportunity for an owner/user to supplement their mortgage payment with rental income, or an investor. Buildings include a 30,000 square foot, two story warehouse/office with 2 overhead doors on Sheridan Ave and one loading dock on Orange St. Also included is private garage space, 2 vacant lots for parking/storage, and a 3 story mixed use building that can be converted to multifamily or continued to be used as office space. Separate ½ acre vacant lot across the street could be packaged into the sale. 11% cap rate, ability to reduce vacancies and increase rent. 150-162 Orange St. included in sale.

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Contact Daniel Davies

Contact Daniel Davies

NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net

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