5 Elmwood Rd - Retail FOR SALE


Menands, NY 12204
$2,250,000 USD
518-376-2717
5 Elmwood Rd, Menands, NY for Sale
$2,250,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

5 Elmwood Rd
Menands, NY 12204


HIGHLIGHTS

  • Warehousing , distribution facility
  • Highway access
  • New Roof, new electrical, new parking lot. Current owner will build to suit

OVERVIEW

For Sale or lease. This was a former bowling alley that is being converted into warehouse space. The owner will build to suit. There is an existing 40,600 sq. f.t. building on site with room to expand. Asking $7.00 a s.q. f.t. or $2,250,000 for a purchase. This is an amazing location with highway access to all areas of the capital region.Property was given a use variance to allow warehousing and a distribution facility.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

3.2 AC

LAND SF

139,392 SF

ZONING

T4

APN/PARCEL ID

012603-055-006-0001-003-000-0000

ASK ABOUT THIS PROPERTY

Philip SabatinoHanna Commercial Real EstateMore Info
518-376-2717

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Philip SabatinoHanna Commercial Real EstateMore Info
518-376-2717

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