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122 4th St 8,118 SF Retail Building Troy, NY 12180 $1,319,502 CAD ($162.54 CAD/SF)


EXECUTIVE SUMMARY
This big brick 8,118 sq/ft mixed use commercial building features 7 sources of income grossing $110,400 per year. The 1st floor restaurant space is leased by a well established restaurateur. It has separate utilities and is equipped with central air and a new boiler in 2014. There are 4 additional units above the restaurant grossing a total of $5,000 per month. The former owners unit on the 3F features hardwoods. The studio apartment is located over the highly sought after garage with very high ceiling. The studio above the garage rents for $950 month and the garage provides an additional income of $900. Sprinkler system. Gross rents $9,200 per month. Separate electric. Owner pays heat & hot water for the apartments. One year old roof. Excellent Condition.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,118 SF
Building Class
C
Year Built
1900
Price
$1,319,502 CAD
Price Per SF
$162.54 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
2.33
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
7
Frontage
22’ on 4th St
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1700-101.61-2-12 | Improvements Assessment | $412,518 CAD |
| Land Assessment | $31,946 CAD | Total Assessment | $444,464 CAD |
PROPERTY TAXES
Parcel Number
1700-101.61-2-12
Land Assessment
$31,946 CAD
Improvements Assessment
$412,518 CAD
Total Assessment
$444,464 CAD
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122 4th St
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