62 Lawrence St
Glens Falls, NY 12801
Commerce de détail Propriété À vendre

Downtown Glens Falls Mixed-Use Investment Portfolio - $690,000 An exceptional opportunity to own two well-maintained mixed-use
buildings in the heart of downtown Glens Falls, offering a total of nine income-producing units—four storefronts and five apartments—with strong rental
history and future growth potential. Located at 55 and 62 Lawrence Street, these properties have seen significant updates, including improvements to
mechanical systems, finishes, paint, and storefronts. Most units have been renovated, while current rents remain below market, creating immediate potential
for 10-15% increases upon renewal. Positioned just steps from The Shirt Factory, the Glens Falls Art Trail, and the city's thriving restaurant and
entertainment scene, this portfolio benefits from excellent street visibility, strong pedestrian traffic, and ample community energy. These properties embody
the downtown Glens Falls revitalization, offering investors a rare blend of stability, value-add potential, and pride of ownership in one of the Capital Region's
most dynamic small cities. Package includes 55 Lawrence Street (4 units) and 62 Lawrence Street (5 units) - offered together for $690,000.
Agent to Agent Remarks: 55 Lawrence St 4 unit - 2 storefront, 2 apartments Storefront 1: $600/month Storefront 2: $600/month Apartment 1:
$1,050/month Apartment 2: $1,050/month 62 Lawrence St 5 units - 2 storefront, 3 apartments Suite 1: $500/month Suite 2: $500/month Apartment