1 River StSouth Glens Falls, NY 12803

Property Details for 1 River St

Year built

1965

Lot size

11.41 AC

Property size (Sq ft)

183,950 SF

Zone code

C1

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

414401 37.37-1-3.1

APU

4144013737131

Description

This exceptional industrial property, situated on 30.24 acres in South Glens Falls, NY, presents a unique investment opportunity. The campus comprises five primary buildings totaling 303,310 square feet, offering a diverse range of spaces. The layout includes 9,500 square feet of executive office space, 226,610 square feet dedicated to manufacturing, and 67,200 square feet of warehouse space. Originally constructed in 1864, the property has undergone significant additions and renovations in 1959, 1975, 1983, 1985, 1999, and 2008, resulting in excellent condition. Ceiling heights vary across the buildings, ranging from 9 feet in the office space to 12-44 feet in the manufacturing areas, with other sections featuring heights of approximately 20-29 feet, 11-22 feet, 14-18 feet, and 35-38 feet in the high bay area. The property boasts 10 loading docks, ample trailer parking for approximately 150+ trailers, and over 200 parking spaces. The manufacturing areas are equipped with multiple cranes and hoists (5 with 3-10 ton capacity in one area, and 4 with 3-10 ton capacity in another). The property benefits from substantial power supplied by National Grid (24.5 MVA capacity), a 6-inch water main supplied by the Village of South Glens Falls, and three steam boilers. The property features a comprehensive fire suppression system including wet sprinklers, a dry system in limited areas, a high-pressure diesel fire pump, and a 200,000-gallon fire water tank. The property is zoned M-2, Industrial, and the annual property taxes are $330,000 (across 26 parcels). Located at 1 River Street, South Glens Falls, NY 12803, this property offers convenient access to I-87 and the Hudson River. Note: Various building systems and equipment are being shut down; a review of conditions and requirements is recommended. All information should be independently verified.

• Alternative Use

  Use

  Valuation

  Residential

  $52,304,380

  Hospitality

  $47,910,532

  Educational

  $39,861,000

  Medical

  $41,231,880

  Retail

  $62,006,000

Location Insight

City

South Glens Falls

County

Saratoga

State

New York

Latitude

43.3056

Longitude

-73.6375

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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