114 Park Ave, Mechanicville, NY 12118-2317
This exceptional Mechanicville commercial property presents a unique investment opportunity. Located at a high-traffic intersection (Park Avenue and North Central Avenue), approximately 16,000 vehicles pass daily, ensuring significant visibility for your business. The property boasts a total of 3,274 square feet, situated on a 4,356 square foot lot. The building features a recently installed roof and 3-phase power, eliminating immediate capital expenditure needs. A full basement provides ample storage or expansion potential. Currently configured as two units (1792 sq ft and 1482 sq ft), these spaces can be easily combined to create a larger, more versatile layout. The larger unit benefits from frontage on both Park and North Central Avenues, maximizing exposure. The smaller unit faces Park Avenue. The open floor plan offers flexibility for a wide range of commercial uses, providing a blank canvas for your vision. This prime location and versatile space make this an ideal investment for entrepreneurs seeking high visibility and significant growth potential in a thriving community. The asking price is $175,000. Don't miss this chance to establish your business in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
02 - SINGLE RESIDENCE · Mechanicville, NYMechanicville. Always verify with local authorities before improvements.
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.