Property profile

2344 Route 9 Mechanicville, NY 12020

OFF-MARKET
Office Spaces
1 ac lot Built 1967
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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

Location

2344 Route 9 Mechanicville, NY 12020
Mechanicville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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