Property Details for 4803 Rte

Property size

15,600 SF

Property type

Retail properties & Spaces

Description

KEM Plaza, a well-maintained retail strip plaza located at 4803 Route 30 in Amsterdam, New York (zip code 12010), presents a compelling investment opportunity. This 15,600 square foot property boasts a 95% occupancy rate, generating excellent cash flow. Its prime location on Route 30 (Perth Road) provides exceptional visibility and accessibility. The plaza benefits from its strategic adjacency to Lowe's and its proximity to other major retailers including Home Depot, Walmart, Price Chopper, Kohl's, and Target, ensuring high foot traffic and strong consumer draw. The existing tenant mix is diverse and stable, featuring long-term leases that contribute to the property's consistent income stream. The asking price for this exceptional retail investment is $2,500,000. This property offers a rare opportunity to acquire a well-established, high-performing retail center in a thriving commercial area of Montgomery County, New York. The strong tenant base and excellent location make this an ideal investment for those seeking a stable and profitable addition to their portfolio. The property's current high occupancy rate and long-term tenants further solidify its financial strength and potential for future growth. This is a turnkey operation ready for immediate income generation.

Location Insight

City

Amsterdam

County

Montgomery

State

New York

Longitude

-74.1874

Latitude

42.9745