Multi-Level Flex, Retail &
64 MAIN ST Unit 64 Queensbury, NY 12804
64 MAIN ST Unit 64, Queensbury, NY, 12804
$1,350,000
For Sale
$1,350,000
Multi-level building on a corner lot with retail, storage, office space and solar-powered utilities.
Property Size20,000 SF
Lot Size1.73 Acres
Price / SF$67.50
Days on Market513
Property Features for 64 MAIN ST Unit 64
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Lot size
- 1.73 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1984
Listing agency
Berkshire Hathaway HomeServices Blake, REALTORS
(518) 307-6925
Listed by
Racheal Vaughn · License #40FL1093918
(518) 307-6925
Source
Xome
Added: Feb 23, 2025 Updated: Jul 21 at 1:33AM Checked: Jul 21 at 3:04AM
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 Berkshire Hathaway HomeServices Blake, REALTORS
Investment Insights
Based on property information with market context.
This multi-level building offers approximately 20,000 square feet of combined retail, storage, and office space. The property sits on a corner lot with about 344 feet of frontage on Main and 202 feet of frontage on Second, totaling 1.73 acres. Improvements include approximately 18' high ceilings, and the primary source of utilities is solar energy. Electric service is supported by 400 amp, 3-phase power.
The site is located at 64 Main St Unit 64 in Queensbury, NY 12804, with Main St zoning that allows for mixed-use development. The building is described as being close to ADK Northway, and the provided traffic count is 20,000 vehicles per day. The seller is considering a lease, with an option for mixed-use development combining retail and apartments.
The site is located at 64 Main St Unit 64 in Queensbury, NY 12804, with Main St zoning that allows for mixed-use development. The building is described as being close to ADK Northway, and the provided traffic count is 20,000 vehicles per day. The seller is considering a lease, with an option for mixed-use development combining retail and apartments.
Key Highlights
- Approx. 20,000 SF multi‑level building with retail, storage, and office space
- Corner lot totals 1.73 acres with 344' frontage on Main St and 202' frontage on Second St
- Commercial zoning; Main St zoning allows for mixed‑use development
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $189.6k | $9.48 |
| − Vacancy | −$12.9k | −$0.64 |
| EGI | $176.7k | $8.84 |
| − OpEx | −$53.0k | −$2.65 |
| NOI | $123.7k | $6.18 |
20,000 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$3.71M
$3.25M – $4.33M
NOI $259,740 @ 7.0% cap · market cap 19.24%
Second Best
Retail
$2.76M
$2.42M – $3.22M
NOI $193,200 @ 7.0% cap · market cap 14.31%
Theoretical Best
Office A
$5.99M
$5.24M – $6.98M
NOI $419,040 @ 7.0% cap · market cap 31.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shell Recharge Charging ...
Electric Vehicle Charging Station
EV Connect Charging ...
Electric Vehicle Charging Station
Apex Energy Tek ...
Electrical Service
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FAQs
What type of property is this?
Flex space - Multi-level building on a corner lot with retail, storage, office space and solar-powered utilities.
Where is this flex space located?
The property is located at 64 MAIN ST Unit 64 Queensbury, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approx. 20,000 SF multi‑level building with retail, storage, and office space; Corner lot totals 1.73 acres with 344' frontage on Main St and 202' frontage on Second St; Commercial zoning; Main St zoning allows for mixed‑use development
