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Beer Distribution Facility with Loading Dock

3899 Carman Road, Schenectady, NY 12303

For Sale
New
Contact for pricing

The sale combines the operating business, its equipment, and the real estate in a residential area across from Hannaford Plaza.

Property Size5,000 SF
Lot Size1.00 Acre
Price / SF$317.80
Days on Market7

Property Features for 3899 Carman Road

General Information

Standard status Active
Size 5,000 SF
Lot size 1.00 Acre
Property subtype Business for Sale, Retail

Financials

Asking Price $2,619,000
Business Included Yes

Additional Details

Liquor License Yes
Currently Operating Yes

Amenities

loading dock
full basement
large basement keg cooler
display coolers

Building Details

Buildings 1
Listing Agency: Carrow Real Estate Services
Listed By: Kyle J Bradley
Source: Crexi
Added: Nov 3 Changed: Nov 9 Last Checked: Nov 9 at 1:48PM

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 Carrow Real Estate Services

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The beer distribution operation is offered with its real estate at 3899 Carman Road in Schenectady. The approximately 5,000-square-foot building sits on approximately 1.00 acre and includes a loading dock, a full basement with truck access through an at-grade door, a basement keg cooler, and two display coolers. The business sale includes its license, forklift, racks, and coolers.

Recent property work includes new cooler condensers, a resurfaced parking lot, and a roof replacement. The site is across from Hannaford Plaza and is situated in a densely populated residential area.

Key Highlights

  • Approximately 5,000 SF building on approximately 1.00 acre
  • One loading dock and an at‑grade basement door for truck deliveries
  • Full basement includes a keg cooler; two display coolers in the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,269
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,405,380 $1.4M
Cap Rate 7%
$1,003,843 $1.0M
Cap Rate 9%
$780,767 $780.8K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$97.8K $19.56/SF
− Vacancy
−$4.1K −$0.82/SF
EGI
$93.7K $18.74/SF
− OpEx
−$23.4K −$4.68/SF
NOI
$70.3K $14.05/SF
Area
Schenectady County, NY
Vacancy
4.20%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,405,380
Cap Rate 7%
$1,003,843
Cap Rate 9%
$780,767

Alternative Uses

Best Use
Specialty Retail
$1.00M
$878.4K – $1.17M (±1% cap)
NOI $70,269 @ 7.0% cap · market cap 4.42%
Second Best
Retail
$862.2K
$754.4K – $1.01M (±1% cap)
NOI $60,354 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,760 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Albany Beverage Corporation. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop HVAC Service

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

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 80% Shops & Services 20%
Hannaford Groceries
31,683 visits/mo 0.2 miles
Sunoco Shops & Services
5,712 visits/mo 0.0 miles
Trustco Bank Shops & Services
1,967 visits/mo 0.1 miles

Demographics for 12303, NY

30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The sale combines the operating business, its equipment, and the real estate in a residential area across from Hannaford Plaza.
Where is this grocery and convenience store located?
The property is located at 3899 Carman Road Schenectady, NY.
What is the asking price?
The asking price for this property is $1,589,000.
What are key features of this property?
This property features: Approximately 5,000 SF building on approximately 1.00 acre; One loading dock and an at‑grade basement door for truck deliveries; Full basement includes a keg cooler; two display coolers in the building
(845) 325-1568 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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