611 Troy-Schenectady Rd Latham, NY 12110
- Retail properties
- 52,130 SF
- 4.90 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Costume Store / Party Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 611 Troy-Schenectady Rd
- Lot size
- 4.90 lot acres
- Property size
- 52,130 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 52,130 square foot commercial property, located at 611 Troy-Schenectady Road in Latham, NY (zip code 12110), presents a unique investment opportunity. Situated on a generous 4.9-acre lot, this property boasts an irreplaceable location with phenomenal visibility and exposure directly off Exit 6 of the Northway (I-87), experiencing high traffic volume (121,505 AADT). Currently housing a 134-room Quality Inn & Suites hotel, the property is zoned HCOR (Highway Commercial Office Residential), allowing for a diverse range of redevelopment possibilities, including hotel, office, retail, or residential uses. The property benefits from convenient access to Albany International Airport and features municipal water and sewer services. The asking price for this strategically located asset is $5,890,000. This is a rare chance to acquire a substantial property in a high-traffic area with significant redevelopment potential. The property's size and zoning provide flexibility for a variety of uses, making it an attractive investment for both experienced developers and long-term investors seeking a prime location in a thriving market. Don't miss this opportunity to secure a piece of Latham's commercial landscape.
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
- Latham
- County
- Albany
- State
- New York
- Longitude
- -73.7695
- Latitude
- 42.7547
