21-41 Bridge St Amsterdam, NY 12010
- Retail properties
- 3.29 lot acres
Current Use by Public Records
- Retail properties
Property Details for 21-41 Bridge St
- Lot size
- 3.29 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 3.29-acre waterfront development site in Amsterdam, NY, presents a unique investment opportunity. Formerly the Chalmers Knitting Mills, the property has undergone environmental remediation and boasts a current Site Management Plan. Approved plans include a one-acre community boardwalk, perfectly complementing its prime location adjacent to the Mohawk Valley Gateway Overlook Bridge. This bridge provides convenient pedestrian access to Riverlink Park and Downtown Amsterdam, ensuring high visibility and foot traffic. The Downtown Core zoning allows for a wide range of uses, including but not limited to a micro-brewery, micro-distillery, micro-winery, and general retail establishments. This property is owned by the Amsterdam IDA, offering a streamlined acquisition process. Detailed information, including an offering memorandum and access to a diligence room, is available upon request. The site's history, strategic location, and flexible zoning make it an ideal platform for a variety of commercial and residential ventures, promising significant returns. This is a rare chance to acquire a fully remediated, ready-to-develop site in a revitalizing downtown area. The asking price is $340,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Amsterdam
- County
- Montgomery
- State
- New York
- Longitude
- -74.1964
- Latitude
- 42.9354
