704 Loudon Road, Colonie, NY 12110
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704 Loudon Road, Colonie, NY 12110
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Listed by Craig Clermont • Carrow Real Estate Services LLC
$ 2,150,000
Est. payment /mo
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704 Loudon Road Colonie, NY 12110

7,624 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202627904

Year Built 1965

Annual Tax Amount $28,200

Lot Size 7,624 Sqft

Acres 0.7

Lot Dimensions 30492 sq ft

Property Sub-Type Business

Source Global MLS

Property Description

Carrow Real Estate Services presents 704 Loudon Rd, a multi-tenant commercial investment in Latham's Route 9 corridor. Two occupied suites generate $134,987 in annual NNN base rent, Both occupied leases feature 3% annual rent increases and Two 5-year renewal options. A vacant 1,153 SF office suite provides additional lease-up upside estimated at $12,000-$15,000 annually.

Location

State NY

County Albany

Zoning Commercial

Direction I-87 Exit 7 towards NY-2 E to left on New Loudon Rd.

Interior

Heating Forced Air

Exterior

Parking Features Paved

Porch Patio

Building

Sewer Public Sewer

Water Public

Architectural Style Office, Commercial

New Construction No

Schools

School District North Colonie (Including Maplewood)

Others

Tax ID 012689 31.6-2-6.1

Samantha Kettlewood
Samantha Kettlewood

NYS Licensed Real Estate Salesperson

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

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704 Loudon Road