637 Columbia St Ext, Cohoes, NY 12047
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.