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    OFF-MARKET
    Retail properties & Spaces

    637 Columbia St Ext, Cohoes, NY 12047

    30,000 SF Built 1955
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 637 Columbia Street Ext in Cohoes, NY, presents a unique investment opportunity. The property consists of three buildings totaling 30,000 square feet situated on a generous 3.1-acre lot. Currently configured as a car dealership, this versatile space is zoned COR and offers significant potential for a variety of automotive-related businesses or other retail uses. The ample 250-space parking lot ensures convenient access for customers and employees. Built in 1955, the property benefits from its high-visibility location on Route 9R, providing excellent exposure to a substantial volume of traffic. The entire 30,000 square feet is currently vacant, offering a blank canvas for a new tenant or owner-occupier. The existing lease expires on April 1, 2023, providing immediate occupancy. This property is ideally suited for businesses seeking a prominent location with significant space and ample parking in a thriving Albany County market. The property's size and zoning offer considerable flexibility for adaptive reuse, making it an attractive proposition for a wide range of commercial ventures. Don't miss this chance to acquire a substantial retail property in a prime location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1955
    Total area 30,000 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
    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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