Property profile

637 Columbia St Ext Cohoes, NY 12047

OFF-MARKET
Retail properties & Spaces
30,000 SF Built 1955
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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

Location

637 Columbia St Ext Cohoes, NY 12047
Cohoes metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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