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Mixed-Use Building with Storefronts
For Sale
$550,000

114 Congress Street, Troy, NY 12180

Mixed-use four-unit building with dual storefronts and two apartments.

Days on Market436

Property Features for 114 Congress Street

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $6,653

Building Details

Year Built 1900
Listing Agency: DEVENPECK REALTY LLC
Listed By: DEREK M DEVENPECK
Source: Corcoran
Added: May 22, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DEVENPECK REALTY LLC

Investment Insights

Based on property information with market context.

This mixed-use four-unit building at 114 Congress St features dual storefronts with separate entrances, access to one full and two half bathrooms, additional office space, a first-floor building laundry room, and additional storage. The second floor offers two 2-bedroom apartments, one with its own entrance and full bathroom, which could be used as additional office space. The building has replacement windows, a newer furnace (2023), a roof (2024), water heaters (2023) and 5 separate electric meters. The versatile space can cater to the new owner's vision and could be available fully furnished. The property is located in Troy, NY.

Key Highlights

  • New roof (2024), furnace (2023), and water heaters (2023) offer peace of mind.
  • Mixed‑use four‑unit property with dual storefronts provides versatile income potential.
  • Two 2‑bedroom apartments on the second floor offer residential rental income or office space.

Property Analytics

Current Use

The Gathering Space Hotel & Motel Fade Factory Barber Shop

Suggested Use

Top Pick Real Estate Agency Electrical Service Veterinary Clinic Skin Care Clinic (Bike/Boat/Book/etc) Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,098
Businesses Nearby

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value

Market

Properties on Market for Mixed-use properties in Rensselaer County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use four-unit building with dual storefronts and two apartments.
Where is this mixed-use property located?
The property is located at 114 Congress Street Troy, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: New roof (2024), furnace (2023), and water heaters (2023) offer peace of mind.; Mixed‑use four‑unit property with dual storefronts provides versatile income potential.; Two 2‑bedroom apartments on the second floor offer residential rental income or office space.
More about this property
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