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20 Washington St 3,218 SF 100% Leased Retail Building Ballston Spa, NY 12020 $1,081,838 CAD ($336.18 CAD/SF)
INVESTMENT HIGHLIGHTS
- Excellent Condition
- Popular Location in Thriving & Growing Community
- Fully Rented
EXECUTIVE SUMMARY
Ideally located in the business district of the Village of Ballston Spa, this commercial building is one of two buildings being offered for sale by this owner. Both are in excellent condition and offer a rare turn-key opportunity for investors or owner-occupants. This property at 20 Washington St features (4) street-level retail spaces with private entrances & individual bathrooms plus (6) studio spaces upstairs with one shared bathroom in the hall. Total rental income for this building is $67,620 annually. Only one studio is currently vacant. Expenses are $16,765 annually. All upstairs utilities are paid by the landlord. All downstairs utilities are paid by the tenants. No off street parking. Located directly across from the Speckled Pig, this is a popular location with many shops & eateries close by. This property presents a strong and flexible investment opportunity in a vibrant and growing community. Also available for sale - 22 Washington, directly next door, with 2 additional commercial tenants and 2 residential apartments
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,218 SF
Building Class
C
Year Built
1830
Price
$1,081,838 CAD
Price Per SF
$336.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.23
Lot Size
0.06 AC
Zoning
03 - Commercial business district
Frontage
41’ on Washington St
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $680,892 CAD | |
| Land Assessment | $140,390 CAD | Total Assessment | $821,282 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$140,390 CAD
Improvements Assessment
$680,892 CAD
Total Assessment
$821,282 CAD
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20 Washington St
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