Renovated Manufacturing
3 Depot Street, Hudson Falls, NY 12839
For Sale
$695,000
Renovated industrial facility with commercial zoning, loading access, offices, and three-phase electrical service.
Property Size7,428 SF
Price / SF$93.56
Days on Market67
Property Features for 3 Depot Street
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Power
Three-Phase Power
Amenities
Accessible Approach with Ramp
Accessible Doors
Accessible Garage
Accessible Hallway(s)
Accessible Sidewalks
Reinforced Floors
Building Details
Year Built
Listing Agency:
Levack Real Estate Inc
Listed By:
R Mark Levack · License NY 31LE0744941
(518) 469-5716
Source:
Signatureonerealtygroup
Added: Sep 9
Changed: Nov 12
Last Checked: Nov 12 at 8:12AM
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 Levack Real Estate Inc
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Investment Insights
Based on property information with market context.
The 7,428-square-foot property is a 1909 depot building that has been renovated for industrial assembly and manufacturing use. Improvements include 400-amp three-phase power, natural gas, new LED lighting, HVAC, a loading dock, and a grade-level ramp. The building also contains six offices, a fire-rated filing room, lobby, full kitchen, conference room, and staff area.
Included fixtures and equipment include industrial racking, shelving, work benches, a steel rolling ladder, forklift, air compressor, pneumatic lines with attachments, loading dock leveling plates, shop fans, office furnishings, and kitchen equipment. Located at 3 Depot Street in Hudson Falls, the property is adjacent to a Canadian Pacific rail line that operates daily. Commercial zoning supports the existing industrial configuration.
Included fixtures and equipment include industrial racking, shelving, work benches, a steel rolling ladder, forklift, air compressor, pneumatic lines with attachments, loading dock leveling plates, shop fans, office furnishings, and kitchen equipment. Located at 3 Depot Street in Hudson Falls, the property is adjacent to a Canadian Pacific rail line that operates daily. Commercial zoning supports the existing industrial configuration.
Key Highlights
- 7,428‑square‑foot renovated depot building
- 400‑amp three phase power service with natural gas and new LED lighting
- Loading dock and grade ramp provide separate shipping and receiving access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,940
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,800
$918.8K
Cap Rate 7%
$656,286
$656.3K
Cap Rate 9%
$510,444
$510.4K
Market Conditions
NOI Build-Up for 7,428 SF
Gross rent
$70.4K $9.48/SF
− Vacancy
−$4.8K −$0.64/SF
EGI
$65.6K $8.84/SF
− OpEx
−$19.7K −$2.65/SF
NOI
$45.9K $6.18/SF
Area
Washington County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,800
Cap Rate 7%
$656,286
Cap Rate 9%
$510,444
Alternative Uses
Best Use
Flex RnD
$1.14M
$999.4K – $1.33M
NOI $79,955 @ 7.0% cap · market cap 11.50%
Second Best
Industrial
$656.3K
$574.3K – $765.7K
NOI $45,940 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,998 @ 7.0% cap · market cap 18.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
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Business Placement
Demographics for 12839, NY
13,618
Population
6,515
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
31.0 sq mi
ZIP Area
439
Density / Sq Mi
$70,006
Median Household Income
$41,545
Median Earnings
$1,018
Median Rent
$161,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Renovated industrial facility with commercial zoning, loading access, offices, and three-phase electrical service.
Where is this manufacturing property located?
The property is located at 3 Depot Street Hudson Falls, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 7,428‑square‑foot renovated depot building; 400‑amp three phase power service with natural gas and new LED lighting; Loading dock and grade ramp provide separate shipping and receiving access
