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719 Second Ave 1,269 SF Vacant Retail Building Troy, NY 12182 $771,510 CAD ($607.97 CAD/SF) 9% Cap Rate
Investment Highlights
- 10,000 car traffic count, 30 to 40 mph, corner lot
Executive Summary
Listing includes 717 second ave ( extra bldg lot) and 719 second ave. (bldg), also included is the laundromat ( Lansing Laundry llc) one side is a vacant store front, was H & R Block and a game store. Upstairs apt is up to date and is rented. Security cameras in place, operate from alarm.com. Building and business will be sold together will not hold paper.Operate two businesses at once. Financials will be discussed in person and upon signing a NDA. Owned it 20 years. owner is retiring.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,269 SF
Building Class
B
Year Built
1970
Price
$771,510 CAD
Price Per SF
$607.97 CAD
Cap Rate
9%
NOI
$69,436 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.28 AC
Zoning
B-5
Parking
22 Spaces (17.34 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1700-080.40-6-1 | Improvements Assessment | $227,124 CAD |
| Land Assessment | $20,519 CAD | Total Assessment | $247,642 CAD |
Property Taxes
Parcel Number
1700-080.40-6-1
Land Assessment
$20,519 CAD
Improvements Assessment
$227,124 CAD
Total Assessment
$247,642 CAD
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719 Second Avenue LLC
719 Second Ave
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