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    OFF-MARKET
    Office Spaces

    2344 Route 9, Mechanicville, NY 12020

    1 ac lot Built 1967
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2344 Route 9 in Mechanicville, New York, presents a unique investment opportunity. Situated on a one-acre lot, this office building offers significant potential for a variety of businesses. The property's strategic location on Route 9 ensures high visibility and easy accessibility for clients and employees. The asking price is $495,000. While the exact square footage is currently unavailable, the ample space on the one-acre lot allows for significant expansion or redevelopment possibilities. This presents a chance to tailor the property to specific business needs, whether it's expanding existing operations or establishing a new presence in a thriving community. The property's location in Mechanicville offers access to a strong local workforce and a convenient commute for employees from surrounding areas. The building's potential is further enhanced by its prominent position on Route 9, a major thoroughfare with high traffic volume, ensuring maximum exposure for any business operating from this location. This is an excellent opportunity to acquire a well-positioned commercial property with significant upside potential in a desirable location. Serious inquiries are encouraged to explore this promising investment. Further details regarding the building's specifications will be provided upon request.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1967
    Lot 1 ac (43,560 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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