867 River St Troy, NY 12180
This exceptional mixed-use property, located at 867 River Street, Units 867-869 in the vibrant city of Troy, New York, presents a compelling investment opportunity. Situated on a sizable 0.11-acre lot, this property offers significant potential for a variety of uses, catering to both commercial and residential needs. The exact square footage is currently unavailable, however, the substantial lot size and prime downtown location suggest ample space for development or expansion. The asking price is $450,000, reflecting the property's strong potential for return on investment. Its location in Troy offers easy access to major transportation routes, a thriving local economy, and a diverse population base. The property's mixed-use zoning allows for flexibility in its future development, making it an attractive option for entrepreneurs and investors seeking a versatile and strategically located asset. Further due diligence is encouraged to fully assess the property's potential and to determine the precise square footage and allowable uses under current zoning regulations. This is a rare opportunity to acquire a significant piece of Troy's dynamic urban landscape. Serious inquiries are welcome.
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River Store Grocery & Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.