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Property profile & analytics
OFF-MARKET
Mixed-use properties

867 River St Troy, NY 12180

0.11 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 867 River Street, Units 867-869 in the vibrant city of Troy, New York, presents a compelling investment opportunity. Situated on a sizable 0.11-acre lot, this property offers significant potential for a variety of uses, catering to both commercial and residential needs. The exact square footage is currently unavailable, however, the substantial lot size and prime downtown location suggest ample space for development or expansion. The asking price is $450,000, reflecting the property's strong potential for return on investment. Its location in Troy offers easy access to major transportation routes, a thriving local economy, and a diverse population base. The property's mixed-use zoning allows for flexibility in its future development, making it an attractive option for entrepreneurs and investors seeking a versatile and strategically located asset. Further due diligence is encouraged to fully assess the property's potential and to determine the precise square footage and allowable uses under current zoning regulations. This is a rare opportunity to acquire a significant piece of Troy's dynamic urban landscape. Serious inquiries are welcome.

Property profile
Verified
Property type Mixed-use properties
Year built 1970
Lot 0.11 ac (4,792 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
Current use
Occupant on record · Public records
  • River Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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