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572 2nd Ave
Troy, NY 12182
Retail Property For Sale
Executive Summary
Exceptional opportunity to acquire Verdile's Restaurant, a long-standing Lansingburgh property with over 80 years of community presence. Located in a COR (Commercial Office Retail) mixed-use zoning district, this property allows for restaurant, retail, office, medical, professional services, or mixed-use residential/commercial applications (subject to approval). Sale includes all FF&E for turnkey operation. Features include commercial kitchen, dining space, large parking lot, extensive basement storage, and a 3-bedroom apartment above for owner occupancy or rental income. Includes vacant lot at 12 115th St across the street, offering added development or expansion potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,719 SF
Building Class
C
Year Built
1910
Price
$832,957 CAD
Price Per SF
$123.97 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.10
Lot Size
0.14 AC
Zoning
B5
Frontage
Property Taxes
| Parcel Number | 1700-080.55-3-12 | Improvements Assessment | $397,011 CAD |
| Land Assessment | $20,163 CAD | Total Assessment | $417,174 CAD |
Property Taxes
Parcel Number
1700-080.55-3-12
Land Assessment
$20,163 CAD
Improvements Assessment
$397,011 CAD
Total Assessment
$417,174 CAD
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