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    FOR SALE
    Mixed-use properties

    1140 Congress St, Schenectady, NY 12303

    0.4 ac lot
    Property ID
    US63-0514970
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 1140 Congress Street, Unit 1140, Schenectady, NY, presents a compelling investment opportunity. Situated on a sizable 0.4-acre lot, this property offers significant potential for a variety of uses, given its mixed-use zoning classification. The building's precise square footage is currently unavailable, however, the substantial lot size allows for considerable expansion or redevelopment possibilities. The asking price is $399,900, representing a competitive entry point into the Schenectady real estate market. This location offers convenient access to major transportation routes, enhancing its appeal to both businesses and residents. The property's versatility makes it suitable for a range of commercial and residential ventures, allowing for creative adaptation to meet diverse needs. Investors seeking a strong foothold in a growing market will find this property particularly attractive. Its strategic location and ample land provide a solid foundation for future growth and profitability. Further due diligence is recommended to fully assess the property's potential and to confirm zoning regulations and permitted uses. Detailed property information, including any available building plans or surveys, can be provided upon request. Don't miss this chance to acquire a significant mixed-use asset in a vibrant upstate New York city.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 0.4 ac (17,424 SF)
    UPID US63-0514970
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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