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Investment Highlights

  • Heavy daytime foot traffic
  • Possible Residential Conversion
  • Strong Visibility

Executive Summary

+/- 17,100 sf mixed use building in the heart of Downtown Troy. Currently operating as a boutique wedding venue and formerly the home of the Franklin Alley Social Club. 3 story historic building originally constructed in 1890 and includes full basement. Mixed Use Downtown (MU-DT) zoning allows for a wide variety of potential uses. Upper floors lay out great for residential conversions. Significant recent capital improvements.

Property Facts

Price $1,344,546 CAD
Price Per SF $76.18 CAD
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Lodge/Meeting Hall
Building Class B
Lot Size 0.13 AC
Building Size 17,650 SF
No. Stories 3
Year Built 1890
Opportunity Zone Yes
Zoning mu-dt - Mixed Use Downtown
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
1700-101.53-8-11
Land Assessment
$19,547 CAD
Improvements Assessment
$657,088 CAD
Total Assessment
$676,635 CAD
  • Listing ID: 40320229

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 55 3rd St, Troy, NY 12180

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