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    865 River St Troy, NY 12180

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    For Sale
    $450,000

    Three-story building with convenience store, laundromat, and development potential.

    Property size:
    15,000 SF
    Lot size:
    0.11 Acres

    Property Features for 865 River St

    General Information

    Size
    15,000 SF
    Lot size
    0.11 Acres

    Source: Coldwell Banker - Prime Properties | Cohoes Agent Joshua Wolin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Established Businesses

    This three-story mixed-use building offers over 15,000 square feet of space. The first floor is currently occupied by two established businesses: a convenience store with a bathroom and storage, and a laundromat. Both businesses, including all equipment and inventory, will transfer with the sale of the building. The second and third floors are open and available for development. The building features 10-foot ceilings and R4 zoning. New windows have been installed in the front of the second and third floors. The property is located across the street from a bus stop and offers views of the Hudson River from the upper floors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Similar Places Nearby

    City deli market, 9th Street Store

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Albany
    State
    New York
    Longitude
    -73.6827666
    Latitude
    42.7518446

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    FAQs

    What type of property is this?
    Grocery and convenience store - Three-story building with convenience store, laundromat, and development potential.
    Where is this grocery and convenience store located?
    The property is located at 865 River St Troy, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Two established businesses (Convenience Store and Laundromat) included for immediate income.; - Significant development potential with wide-open 2nd and 3rd floors.; - All equipment and inventory from existing businesses included.
    (914) 980-9309
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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
    865 River St Troy, NY 12180
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