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    180 Erie Blvd Schenectady, NY 12305

    Sponsored
    For Sale
    $995,000

    Prime Schenectady location, 0.17-acre lot, high potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, located at 180 Erie Blvd Unit 180 in Schenectady, New York, presents a compelling investment opportunity. Situated on a sizable 0.17-acre lot, this building offers significant potential for a variety of uses, capitalizing on its strategic location within the vibrant Schenectady market. The property's mixed-use designation allows for flexibility in development and tenant occupancy, catering to a diverse range of business needs. While the precise square footage is currently unavailable, the substantial lot size and building footprint suggest considerable space for both commercial and potentially residential applications. The asking price of $995,000 reflects the property's strong potential for return on investment. Given its prime location and versatile zoning, this property is well-suited for both seasoned investors seeking a high-yield asset and entrepreneurs looking to establish a thriving business in a dynamic urban setting. Further due diligence is encouraged to fully assess the property's potential and to develop a comprehensive business plan. This is a rare opportunity to acquire a significant mixed-use property in a rapidly growing area of Schenectady. Serious inquiries are welcome.

    Property Features for 180 Erie Blvd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    clean out king Contractor That's A Great Cigar ... Cigar Shop Schenectady Punishers Sports Club URBAN ReStyle Antique Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.94475
    Latitude
    42.81317

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Schenectady location, 0.17-acre lot, high potential.
    Where is this mixed-use property located?
    The property is located at 180 Erie Blvd Schenectady, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    (518) 724-5800
    Request Owner's contact information
    180 Erie Blvd Schenectady, NY 12305
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    Schenectady, NY 12305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    180 Erie Blvd Schenectady, NY 12305
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