Downtown Troy Mixed-Use
For Sale
$989,000
55-57 3rd Street, Troy, NY 12180
17,100 SF mixed-use building in Downtown Troy.
Property Size17,100 SF
Price / SF$57.84
Days on Market172
Property Features for 55-57 3rd Street
General Information
Standard status
Active
Size
17,100 SF
Property subtype
Mixed Use
Building Details
Building Size
17,100 SF
Listing Agency:
Pyramidbrokerage
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: May 14
Changed: Oct 26
Last Checked: Nov 1 at 2:26AM
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 Pyramidbrokerage
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Investment Insights
Based on property information with market context.
This +/- 17,100 square foot mixed-use building is located in the heart of Downtown Troy. The three-story historic building, originally constructed in 1890, includes a full basement. It currently operates as a boutique wedding venue and was formerly the home of the Franklin Alley Social Club. The Mixed Use Downtown (MU-DT) zoning allows for a wide variety of potential uses. The upper floors lay out great for residential conversions. Significant recent capital improvements have been made.
Key Highlights
- +/- 17,100 sf mixed use building in Downtown Troy.
- Mixed Use Downtown (MU‑DT) zoning allows for a wide variety of potential uses.
- Upper floors ideal for residential conversions.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,099
Businesses Nearby
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Business Placement
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 17,100 SF mixed-use building in Downtown Troy.
Where is this mixed-use property located?
The property is located at 55-57 3rd Street Troy, NY.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: +/- 17,100 sf mixed use building in Downtown Troy.; Mixed Use Downtown (MU‑DT) zoning allows for a wide variety of potential uses.; Upper floors ideal for residential conversions.
