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    OFF-MARKET
    Office Spaces

    461 Clinton St, Schenectady, NY 12305

    Property ID
    Property summary
    AI-generated overview

    This attractive, owner-occupied office building is ideally situated just two blocks from I-890 Exit 5 and three blocks from the Proctors Theater on State Street. The second-floor suite offers 3,344 square feet of bright, sunny space featuring three window walls. The well-maintained interior includes four private offices, a spacious 20x12 conference room, and a convenient break room. Recent updates include fresh paint and new carpeting, making this a truly move-in ready opportunity. The existing build-out is in excellent condition, offering immediate occupancy. Parking is readily available with four designated spaces in the landlord's lot, supplemented by ample free street parking on Clinton Street. This is a single-tenant, Class B, two-story traditional office building in Schenectady County. The rental rate is $15.00 per square foot on a modified gross lease, with the tenant responsible for utilities and janitorial services. This presents a fantastic opportunity for a business seeking a well-appointed and conveniently located office space.

    Property profile
    Verified
    Property type Office Spaces
    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
    • DeAngelus Goralczyk, PLLC Law Firm
    • RBC Wealth Management Financial Advisor
    • Upstate Dermatology Physician Medical Clinic
    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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