
Description
Turn your entrepreneurial dreams into reality with this turn key mixed use building, built brand new 2016. 195ft of road frontage w/20 parking spaces right on the heavily trafficked RT 50 in Glenville (AADT 19k in 2019). This like new property offers many creative ways to diversify your portfolio or operate your business on the first floor while generating income on the second floor. The retail space & the apartment above are currently owner-occ. Estimated cap rate fully rented is around 10%. Features of this property include: radiant heat, split systems, laundry/full bath on first floor, spray foam insulated throughout, tankless HW heater, & substantially hidden acreage. Old and new survey is available upon request. This property is located within the Burnt Hills-Ballston Lake District.
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4BEDS
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4.5ACRES
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0BATHS
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01/2 BATHS
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1,800SQFT
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$277$/SQFT
School Information
Description
Turn your entrepreneurial dreams into reality with this turn key mixed use building, built brand new 2016. 195ft of road frontage w/20 parking spaces right on the heavily trafficked RT 50 in Glenville (AADT 19k in 2019). This like new property offers many creative ways to diversify your portfolio or operate your business on the first floor while generating income on the second floor. The retail space & the apartment above are currently owner-occ. Estimated cap rate fully rented is around 10%. Features of this property include: radiant heat, split systems, laundry/full bath on first floor, spray foam insulated throughout, tankless HW heater, & substantially hidden acreage. Old and new survey is available upon request. This property is located within the Burnt Hills-Ballston Lake District.
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