Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial Property in Clifton Park Title is generated by Realmo AI

    46 Route 146, Mechanicville, NY 12118

    View on Map
    Claim this Listing
    For Sale
    $951,900

    High-visibility property suitable for industrial, automotive, retail, or medical use.

    Type:Commercial
    Property size:
    3,780 SF
    Lot size:
    3.12 Acres
    Price / SF:
    $251/SF
    Added:
    Oct 15, 2025
    Days on Market:
    233
    Last Refresh:
    Apr 5 at 9:04 pm

    Property Features for 46 Route 146

    General Information

    Standard status
    Active
    Size
    3,780 SF
    Lot size
    3.12 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1968

    We can help!

    Listing Contact
    PAIGE AMSLER

    Listing agent PAIGE AMSLER

    Listing office CRYSTAL COLEMAN REALTY LLC

    Listing date Oct 15, 2025

    Source Corcoran

    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 CRYSTAL COLEMAN REALTY LLC

    HighLights

    • Prime commercial location in the industrial district of Clifton Park with high visibility.
    • Zoned for a wide variety of uses (industrial, automotive, medical, retail, sporting, fitness).
    • Existing 3,700+ sq ft building suitable for storage, production, or customization.
    • Ample parking available.
    • Features an overhead door.
    • Public water and sewer are nearby.

    Overview

    Located in the industrial district of Clifton Park, this commercial property offers high visibility and is situated minutes from the town center. The property is zoned for a variety of uses, including industrial, automotive sales or repair, medical, retail, sporting, or fitness facilities. The existing building provides over 3,700 square feet of space. It features an overhead door, making it suitable for storage, production, or customization. Ample parking is available. Public water and sewer services are nearby, supporting future development. This property presents an opportunity to secure a location in the Capital Region's commercial corridors.

    Local Financial Insights For Flex RnD

    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 $90.7k $24.00
    − Vacancy −$6.4k −$1.68
    EGI $84.4k $22.32
    − OpEx −$29.5k −$7.81
    NOI $54.8k $14.51
    3,780 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $783.4K
    $685.5K – $914.0K (±1% cap)
    NOI $54,840 @ 7.0% cap · market cap 5.76%
    Second Best
    Healthcare Medical
    $747.1K
    $653.7K – $871.6K (±1% cap)
    NOI $52,296 @ 7.0% cap · market cap 5.49%
    Theoretical Best
    Office A
    $1.13M
    $990.0K – $1.32M (±1% cap)
    NOI $79,199 @ 7.0% cap · market cap 8.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mechanicville
    County
    Saratoga
    State
    New York
    Longitude
    -73.7047
    Latitude
    42.8848

    Nearby Similar for Sale

    • $944,000
      3,700 SF

      Mechanicville Commercial Opportunity For Sale

      Prime commercial property with C1 zoning in a desirable location.
      46 NY-146, Mechanicville, NY 12118
      View Details
    • $379,900
      6,786 SF

      Mechanicville Flex Space with Income

      Affordable flex space with income-producing apartment in Mechanicville, NY.
      29-31 S Main Street, Mechanicville, NY 12118
      View Details
    • $257,000
      2,400 SF

      Updated Duplex with River Views

      A large duplex with updated interiors, in-unit laundry hookups, and current lease agreements in each unit.
      26 Lee Street, Mechanicville, NY 12118
      View Details
    • $944,000
      3,700 SF

      Clifton Park Commercial Opportunity

      Versatile commercial property in a sought-after industrial district.
      46 NY-146, Call Listing Agent, NY 12118
      View Details
    • $289,900
      1,934 SF

      Fully Updated Two-Family Home

      Turnkey, fully updated duplex with new plumbing, electric, heating, and renovated baths and kitchens for strong income potential.
      25 S Main Street, Mechanicville, NY 12118
      View Details
    • $379,900
      6,786 SF

      Flex Space with Income Apartment

      Affordable flex space suitable for retail, office, or contracting.
      29-31 S Main Street, Mechanicville, NY 12118
      View Details
    • $89,000

      Mechanicville Retail/Office Investment Opportunity

      Prime Main Street location with versatile commercial zoning.
      85 N Main Street, Mechanicville, NY 12118
      View Details
    • $3,499,000
      29,000 SF

      Turnkey Apartment Building Investment

      Fully occupied, high-end apartments with modern amenities and strong cap rate.
      34 Williams Street, Mechanicville, NY 12118
      View Details
    • $225,000
      6,972 SF

      Church Property with Conversion Potential

      Church property suitable for religious use or conversion to other purposes.
      516 Park Avenue, Mechanicville, Mechanicville, NY 12118
      View Details
    • $89,000

      Prime Main Street Retail Space

      Turn-key retail space in the heart of Mechanicville.
      85 N Main Street, Mechanicville, NY 12118
      View Details
    • $567,000
      1,500 SF

      Mechanicville Flex Space For Rent

      Flex space / offices available for rent in Mechanicville.
      860 Hudson Riv Rd, Mechanicville, NY
      View Details
    • $169,500
      4,656 SF

      Mixed-Use Building with Income Potential

      Mixed-use building with high visibility and income-generating opportunities.
      159 N MAIN, Mechanicville, NY 12118
      View Details

    FAQs

    What type of property is this?
    Flex space - High-visibility property suitable for industrial, automotive, retail, or medical use.
    Where is this flex space located?
    The property is located at 46 Route 146 Mechanicville, NY.
    What is the asking price?
    The asking price for this property is $951,900.
    What are key features of this property?
    This property features: Prime commercial location in the industrial district of Clifton Park with high visibility.; Zoned for a wide variety of uses (industrial, automotive, medical, retail, sporting, fitness).; Existing 3,700+ sq ft building suitable for storage, production, or customization.
    (518) 229-4539
    We can help!
    Listing Contact
    PAIGE AMSLER
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    46 Route 146, Mechanicville, NY 12118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!