Industrial Building with Redevelopment
For Sale
$799,999
11 Grandoe Lane, Gloversville, NY 12078
77,867± SF industrial building on 2.10± acres for sale.
Property Size77,867 SF
Lot Size2.10 Acres
Price / SF$10.27
Days on Market131
Property Features for 11 Grandoe Lane
General Information
Standard status
Active
Size
77,867 SF
Lot size
2.10 Acres
Property subtype
Industrial
Building Details
Building Size
77,867 SF
Listing Agency:
Albany Office
(518) 489-9199
Listed By:
Jeffrey Martino
(518) 489-9199
Source:
Pyramidbrokerage
Added: Apr 1
Changed: Aug 8
Last Checked: Aug 9 at 6:20AM
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 Albany Office
Investment Insights
Based on property information with market context.
This 77,867± square foot industrial building is situated on a 2.10± acre lot. The property includes 43,867± square feet with potential for adaptive reuse or apartment conversion, subject to approvals. It may also qualify for historic tax and/or HCR/HFA credits. The building features ceiling heights ranging from 12 to 18 feet, an elevator with a dumbwaiter, one drive-in door, and three dock doors. Public water and sewer services are available. Ample on-site parking is provided. The light industrial zoning supports a range of uses for investors or owner-users. The property benefits from low taxes, listed as $6,140.85, and solid infrastructure, presenting a value-add opportunity.
Key Highlights
- 77,867± SF industrial building on 2.10± acres suitable for investors or owner‑users.
- Potential for adaptive reuse or apartment conversion (subject to approvals) with 43,867± SF, possibly qualifying for historic tax and/or HCR/HFA credits.
- Benefit from low taxes ($6,140.85) offering a compelling value‑add opportunity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12078, NY
23,009
Population
11,668
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
87%
High-School Grad
110.8 sq mi
ZIP Area
208
Density / Sq Mi
$54,565
Median Household Income
$36,769
Median Earnings
$908
Median Rent
$122,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - 77,867± SF industrial building on 2.10± acres for sale.
Where is this flex space located?
The property is located at 11 Grandoe Lane Gloversville, NY.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: 77,867± SF industrial building on 2.10± acres suitable for investors or owner‑users.; Potential for adaptive reuse or apartment conversion (subject to approvals) with 43,867± SF, possibly qualifying for historic tax and/or HCR/HFA credits.; Benefit from low taxes ($6,140.85) offering a compelling value‑add opportunity.
