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Listed by David J Skoney • Coldwell Banker Prime Properties

$ 3,650,000

Est. payment -/mo

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Active

1580 Columbia Turnpike Schodack, NY 12033

36,000 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 36,000 sqft

Price per Sqft $101

MLS Listing ID 202625178

Year Built 1987

Annual Tax Amount $7,512,629

Lot Size 5.330 Acres

Acres 5.33

Lot Dimensions 439*567*397*554

Property Sub-Type Mixed Use

Source Global MLS

Property Description

High yield value add real estate. The Schodack Park, is a premier commercial compound delivering a rock solid gross annual income of $335,000. This 36,000 SF, 5-building asset is +/- 87% occupied with 10 active leases in place, 9 of which are structured as low-management, Triple-Net (NNN) agreements. Zoned HC (Highway Commercial), the complex features 30,000 SF of functional office/flex space and a 6,000 SF warehouse, supported by 140 parking spaces. This well-maintained asset offers dependable income, tenant diversification, and clear upside through future upgrades and lease-up. Recently completed CapEx including but not limited to: a new parking lot, upgraded site work, landscaping, and full interior/exterior LED light upgrade, and upgraded septic system. 1 mile from I90's Exits 10 & 11

Location

State NY

County Rensselaer

Zoning Commercial

Direction Follow I-90 E to Miller Rd Exit in Schodack. Right onto miller road left onto Columbia Turnpike, destination is on the right .3 miles up the road.

Interior

Heating Forced Air, Natural Gas

Flooring Tile, Vinyl, Carpet, Concrete, Hardwood

Inclusions Building & Land

Exterior

Exterior Feature Garden, Lighting

Parking Features Off Street, Paved, Private

Roof Type Shingle,Asphalt

Building

Lot Description Road Frontage, Garden, Landscaped

Sewer Septic Tank

Water Public

Architectural Style Office, Commercial

New Construction No

Others

Tax ID 384489 178.-11-26.1

Special Listing Condition Standard

Samantha Kettlewood

NYS Licensed Real Estate Salesperson

+1(518) 810-9013 | sam@empirerealestatefirm.com

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