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    637 Columbia St Ext Cohoes, NY 12047

    Sponsored
    For Lease
    Contact for pricing

    Prime 30,000 SF Retail Space, Albany County

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 637 Columbia Street Ext in Cohoes, NY, presents a unique investment opportunity. The property consists of three buildings totaling 30,000 square feet situated on a generous 3.1-acre lot. Currently configured as a car dealership, this versatile space is zoned COR and offers significant potential for a variety of automotive-related businesses or other retail uses. The ample 250-space parking lot ensures convenient access for customers and employees. Built in 1955, the property benefits from its high-visibility location on Route 9R, providing excellent exposure to a substantial volume of traffic. The entire 30,000 square feet is currently vacant, offering a blank canvas for a new tenant or owner-occupier. The existing lease expires on April 1, 2023, providing immediate occupancy. This property is ideally suited for businesses seeking a prominent location with significant space and ample parking in a thriving Albany County market. The property's size and zoning offer considerable flexibility for adaptive reuse, making it an attractive proposition for a wide range of commercial ventures. Don't miss this chance to acquire a substantial retail property in a prime location.

    Property Features for 637 Columbia St Ext

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF

    Building Details

    Year Built
    1955
    Buildings
    3

    Unit(s) available at that property

    Space
    Latham Car Dealership
    Size
    30,000 SF

    HighLights

    • Three‑building property.
    • Retail/showroom space available.
    • Two additional garage buildings included.
    • High traffic count: 18,000 vehicles per day (VPD).
    • Ample parking: 250 spaces.
    • Available April 1, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cohoes
    County
    Albany
    State
    New York
    Longitude
    -73.7360175
    Latitude
    42.7851766

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    FAQs

    What type of property is this?
    Automotive property - Prime 30,000 SF Retail Space, Albany County
    Where is this automotive property located?
    The property is located at 637 Columbia St Ext Cohoes, NY.
    What are key features of this property?
    This property features: Three-building property.; Retail/showroom space available.; Two additional garage buildings included.
    Request Owner's contact information
    637 Columbia St Ext Cohoes, NY 12047
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    Cohoes, NY 12047
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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
    637 Columbia St Ext Cohoes, NY 12047
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