Current Use by Public Records
- Warehouses
Property Details for 0 Confidential
- Year built
- 1979
- Lot size
- 0.76 lot acres
- Property type
- Warehouses
- Property subtype
- Retail properties & Spaces
Description
This exceptional 10,700 square foot warehouse, situated on a 0.76-acre lot in Colonie, NY (zip code 12205), presents a unique investment opportunity. Built in 1979, the property boasts a permitted IABA zoning classification and offers ample parking with 15 spaces. The warehouse features an 8-foot ceiling height, providing functional space for a variety of uses. The property's location in Albany County offers convenient access to major transportation routes. Currently configured as a successful dance studio with a 17-year history, the space includes multiple studios and rehearsal areas, along with seating for observers. This established business, with over 200 students, is being offered for sale due to the owner's retirement, presenting a chance to acquire a turnkey operation with a strong reputation and loyal clientele. The property's versatility allows for continued operation as a dance studio or adaptation to other suitable commercial ventures. The substantial lot size of 33,106 square feet provides potential for expansion or future development. This is a rare opportunity to own a well-established business and a versatile commercial property in a desirable location. The asking price is $150,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Colonie
- County
- Albany
- State
- New York
- Longitude
- -73.8301
- Latitude
- 42.7227
