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21-25 Main Street

South Glens Falls, NY 12803
  • $800,000
  • STATUS: Active
  • MLS #: 202140473
UPDATED: 15 min ago
$800,000
  • 11
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1899
County:
Area:

School Information

High School:
School District:

Description

Calling all investors, restaurateurs & entrepreneurs. Here's an opportunity to own a multi-faceted commercial property in South Glens Falls. Thisattractive restaurant space spans 3 storefronts across the entire ground floor. Curb appeal galore. Three-year lease @ $2.5K per month in placenow for current restaurant tenant. Three rental apartments above all redone and command excellent rental rates. Includes a 3 bed unit + a pair of 2-bedroom units. Total income = $108K for the property. $8.5K insurance. 7,800 total sq. ft. Lot is .45 acres. Parking for 30 cars! This commercial corridor is thriving as Glens Falls brewery, restaurant and residential scene continues to grow. Great spot between Saratoga & Lake George. Smart play!!!

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© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-01-26T07:11:59.82.
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21-25 Main Street South Glens Falls, NY 12803

  • Price: $800,000
  • Status: Active
  • On Site: Days
  • Updated: 15 min ago
  • MLS #: 202140473
11
Beds
0
Baths
0
½ Baths
0.45
Acres
1899
Built
County:
Saratoga
Area:
Saratoga
High School:
South Glens Falls
School District:
South Glens Falls
Property Description
Calling all investors, restaurateurs & entrepreneurs. Here's an opportunity to own a multi-faceted commercial property in South Glens Falls. Thisattractive restaurant space spans 3 storefronts across the entire ground floor. Curb appeal galore. Three-year lease @ $2.5K per month in placenow for current restaurant tenant. Three rental apartments above all redone and command excellent rental rates. Includes a 3 bed unit + a pair of 2-bedroom units. Total income = $108K for the property. $8.5K insurance. 7,800 total sq. ft. Lot is .45 acres. Parking for 30 cars! This commercial corridor is thriving as Glens Falls brewery, restaurant and residential scene continues to grow. Great spot between Saratoga & Lake George. Smart play!!!
Exterior Features

Architectural Style 2 StoryDuplexDuplex-Over/UnderDuplex-Side By SideTriplex Construction Materials Other Exterior Features Other Lot Features LevelPrivateRoad Frontage Other Structures OutbuildingSecond Residence Parking Features DetachedOff Street ParkingPaved Parking Total 30.00 Roof Asphalt View Bridge(S)DowntownRiver Water Body Name Hudson River Waterfront Features Lake/River Across Rd Waterfront YN Yes

Interior Features

Basement None Cooling Other Flooring Wood Heating Hot Water Multi Family Unit1 Total Bedrooms 0 Multi Family Unit1 Total Full Baths 2 Multi Family Unit1 Total Half Baths 0 Multi Family Unit1 Total Rooms 5 Multi Family Unit2 Total Bedrooms 3 Multi Family Unit2 Total Full Baths 1 Multi Family Unit2 Total Half Baths 0 Multi Family Unit2 Total Rooms 5 Multi Family Unit3 Total Bedrooms 2 Multi Family Unit3 Total Full Baths 1 Multi Family Unit3 Total Half Baths 0 Multi Family Unit3 Total Rooms 5 Multi Family Unit4 Total Bedrooms 2 Multi Family Unit4 Total Full Baths 1 Multi Family Unit4 Total Half Baths 0 Multi Family Unit4 Total Rooms 5 Multi Family Unit5 Total Bedrooms 2 Multi Family Unit5 Total Full Baths 1 Multi Family Unit5 Total Half Baths 0 Multi Family Unit5 Total Rooms 5 Unit1 Includes BathroomDining RoomDishwasherDryer HookupKitchenRefrigeratorStorageStoveWasher Hookup Unit1 Owner Furnish Features Maintenance GroundsParking Unit2 Includes BathroomDining RoomDishwasherKitchenLiving RoomRefrigeratorStorageStove Unit2 Owner Furnish Features Maintenance GroundsParking Unit3 Includes BathroomDining RoomKitchenLiving RoomRefrigeratorStorageStove Unit3 Owner Furnish Features Maintenance GroundsParking Unit4 Includes BathroomDining RoomDishwasherKitchenLiving RoomRefrigeratorStorageStove Unit4 Owner Furnish Features Maintenance GroundsParking Unit5 Includes BathroomDining RoomDishwasherLiving RoomRefrigeratorStove Unit5 Owner Furnish Features Maintenance GroundsParking

Property Features

Association YN No City Town Taxing Entity South Glens Falls Enhanced Accessible YN No General Taxes 6339.00 General Taxes Description Estimated Insurance Expense 8500.00 Multi Family Unit1 Lease Term 12 Months Multi Family Unit1 Monthly Rent 3250 Multi Family Unit1 Unit Available 3 Multi Family Unit2 Lease Term 12 Months Multi Family Unit2 Monthly Rent 950 Multi Family Unit2 Unit Available 1 Multi Family Unit3 Lease Term 12 Months Multi Family Unit3 Monthly Rent 935 Multi Family Unit3 Unit Available 1 Multi Family Unit4 Lease Term 12 Months Multi Family Unit4 Monthly Rent 1350 Multi Family Unit4 Unit Available 1 Multi Family Unit5 Lease Term 12 Months Multi Family Unit5 Monthly Rent 1210 Multi Family Unit5 Unit Available 1 Possession Other Property Sub Type Multi Family School Taxes 9522.00 School Taxes Description Estimated Separate Utilities ElectricWater Meter Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 20367.22 Tenant Pays ElectricityHeatTrash Collection Water Source Public Zoning Commercial

Listing information © 2022 Global MLS.
Listing provided courtesy of Scott P Varley of Keller Williams Capital Dist:(518) 281-6808.



© 2022 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2022-01-26T07:11:59.82.
 
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