2381 Rte Ravena, NY 12143

This exceptional 18,432 square foot shopping center presents a compelling investment opportunity in Ravena, New York. Located at 2381 Route 9W, this fully leased property boasts a strong 6.50% capitalization rate and offers significant potential for future growth. Built in 1993, the single-story building sits on a 1.4-acre lot and is zoned for commercial use. The property features a multi-tenant occupancy, ensuring a diversified income stream. With a total of 18,432 square feet, the asking price is $1,200,000, translating to $65.10 per square foot. The property's prime location along the busy Route 9W provides excellent visibility and accessibility, placing it within the area's thriving business district. The Albany County address (APN 168.9-2-5.1) and zip code 12143 further solidify its strategic positioning. This is a rare opportunity to acquire a high-performing, fully occupied retail center with a proven track record and significant upside potential. The property's strong occupancy rate and desirable location make it an ideal addition to any investment portfolio.