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764 1/2 Eastern Ave 2,912 SF 24% Leased Retail Building Schenectady, NY 12308 $485,780 CAD ($166.82 CAD/SF)
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic
- Rapidly developing area
- Close to amenities
EXECUTIVE SUMMARY
+/- 2,912 sf mixed use property with turnkey kitchen. Formerly Mangino's Gourmet Kitchen and currently operating as Slice & Sizzle. Top floor is currently utilized as a +/- 850 sf apartment with private deck. Located steps from Union College, Central Park, and numerous other downtown amenities. Completely renovated starting in 2018 including new roof, heating, three phase electric, and plumbing. Property includes 3 off street parking spots as well as a shared driveway adjacent. Can be delivered occupied or vacant. Perfect for investment or owner user.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,912 SF
Building Class
B
Year Built
1890
Price
$485,780 CAD
Price Per SF
$166.82 CAD
Percent Leased
24%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.07 AC
Zoning
Commercial - Commercial zoning approved as use variance in 2018
Parking
3 Spaces (1.03 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Restaurant
- Tenant Controlled HVAC
- Roof Terrace
- Recessed Lighting
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 421500 39.74-3-18 | Improvements Assessment | $174,193 CAD |
| Land Assessment | $12,712 CAD | Total Assessment | $186,905 CAD |
PROPERTY TAXES
Parcel Number
421500 39.74-3-18
Land Assessment
$12,712 CAD
Improvements Assessment
$174,193 CAD
Total Assessment
$186,905 CAD
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764 1/2 Eastern Ave
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