Mixed-Use Commercial Building For
193 Dix Avenue Glens Falls, NY 12801
193 Dix Avenue, Glens Falls, NY, 12801
$849,900
For Sale
$849,900
Versatile Glens Falls building with retail, warehouse, and office space.
Property Size8,000 SF
Lot Size1.00 Acre
Price / SF$106.24
Days on Market101
Property Features for 193 Dix Avenue
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Listing Agency
EXP REALTY
(888) 276-0630
Listed by
ANGELA CUGINI-GIRARD
Source
Corcoran
Added: Apr 7 Checked: Jul 16 at 6:18 am
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 EXP REALTY
Investment Insights
Based on property information with market context.
This mixed-use commercial building in Glens Falls offers a combination of storefront retail, warehouse, office space, and a machine shop. Constructed in 2008, the 8,000 SF pre-engineered steel structure is situated on a 1-acre (43,560 SF) parcel. Zoned LI - Light Industrial, the property allows for a range of commercial and light industrial uses. Approximately 20 on-site parking spaces are available. The property benefits from high traffic counts along Dix Avenue. Municipal water and sewer, gas and electric utilities are available. The location provides visibility and convenient access to Downtown Glens Falls and I-87. It is suitable for owner-occupant or investment use.
Key Highlights
- High traffic location on Dix Avenue with convenient access to Downtown Glens Falls and I‑87.
- Versatile mixed‑use property with storefront retail, warehouse, office space, and a machine shop.
- 8,000 SF pre‑engineered steel structure built in 2008.
Local Financial Insights For Retail
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 | $120.0k | $15.00 |
| − Vacancy | −$9.6k | −$1.20 |
| EGI | $110.4k | $13.80 |
| − OpEx | −$33.1k | −$4.14 |
| NOI | $77.3k | $9.66 |
8,000 SF · lease $15.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.77M
$1.55M – $2.06M
NOI $123,840 @ 7.0% cap · market cap 14.57%
Second Best
Mixed Use
$1.42M
$1.24M – $1.66M
NOI $99,360 @ 7.0% cap · market cap 11.69%
Theoretical Best
Office A
$2.39M
$2.10M – $2.79M
NOI $167,616 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Carquest Auto Parts ...
Auto Parts Store
CARQUEST AUTO PARTS ...
Auto Parts Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Versatile Glens Falls building with retail, warehouse, and office space.
Where is this mixed-use property located?
The property is located at 193 Dix Avenue Glens Falls, NY.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: High traffic location on Dix Avenue with convenient access to Downtown Glens Falls and I‑87.; Versatile mixed‑use property with storefront retail, warehouse, office space, and a machine shop.; 8,000 SF pre‑engineered steel structure built in 2008.
