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    325 State St Schenectady, NY 12305

    Sponsored
    For Sale
    $1,350,000

    Prime Schenectady location, 27,780 sq ft.

    Property size:
    27,780 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story, 27,780-square-foot commercial building at 325 State Street in Schenectady, New York, presents a unique investment opportunity. Completely renovated in 2014, the property currently operates as a restaurant with a seating capacity exceeding 400, including a private patio. The layout includes two full production lines on the first floor, a kitchen prep area on the second, and office spaces plus an owner's apartment on the third floor. The 0.29-acre lot is zoned C-4, offering flexibility for diverse uses. Its prime location near hotels, a state-of-the-art aquatic center, and a new hockey rink ensures high visibility and foot traffic. The building's substantial size allows for conversion to office space, residential units, or continued use as an entertainment venue. With its versatile design and strategic location in a rapidly developing area, this property is poised for significant growth and return on investment. The building features a separate banquet room with seating for 50 guests. The property's address is 325 State St, Schenectady, NY 12305, and its APN is 39.92-2-44.1. The asking price is $1,350,000. This is a single-unit building constructed in 2004.

    Property Features for 325 State St

    General Information

    Property type
    Individual retail properties
    Square Feet
    27,780 SF
    Lot Size
    12,632 SF

    Building Details

    Year Built
    2004
    Buildings
    1
    Stories
    3
    Units
    1

    HighLights

    • Completely renovated in 2014.
    • Two‑story dining area with a separate 50‑seat banquet room.
    • Three‑story building.
    • 27,780 rentable square feet (RSF) on a 0.29‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Schenectady
    County
    Schenectady
    State
    New York
    Longitude
    -73.9427086
    Latitude
    42.8135569

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    FAQs

    What type of property is this?
    Individual retail property - Prime Schenectady location, 27,780 sq ft.
    Where is this individual retail property located?
    The property is located at 325 State St Schenectady, NY.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Completely renovated in 2014.; Two-story dining area with a separate 50-seat banquet room.; Three-story building.
    Request Owner's contact information
    325 State St Schenectady, NY 12305
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    Realmo Value Estimation

    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.

    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.

    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
    325 State St Schenectady, NY 12305
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