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    FOR SALE
    Gas stations

    1288 Saratoga Rd, Gansevoort, NY 12831

    1,536 SF 1.71 ac lot Built 1974
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US63-2347943
    Property summary
    AI-generated overview

    This exceptional 1,500-square-foot retail building, situated on 1.71 acres at 1288 Saratoga Road in Gansevoort, NY, presents a compelling investment opportunity. Currently vacant, this single-story structure boasts 25 parking spaces, making it highly accessible for customers. Built over 30 years ago, the building offers significant potential for redevelopment or immediate occupancy. The property is conveniently located on Route 9, in close proximity to Route 87 Exit, ensuring high visibility and convenient access for patrons. The asking price is $495,000, translating to $330 per square foot. Zoned for a variety of uses, including but not limited to quick-service restaurants, convenience stores, and other retail establishments, this property is deed-restricted to gas, convenience items (including food or food products, dairy products, beer, or wine, or other alcoholic beverages for off-premises consumption), and auto parts. The ample lot size and strategic location make this an ideal site for a variety of businesses seeking high traffic exposure in a thriving area. The net rentable square footage is 1,500 square feet. This property is ready for a new tenant to capitalize on its prime location and versatile zoning. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION WITH FOOD MART
    Year built 1974
    Total area 1,536 SF
    Lot 1.71 ac (74,488 SF)
    Zoning code C1
    APN 414489 77.1-1-80
    UPID US63-2347943
    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
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Macs Retail LLC · 10 yrs held
    Macs Retail LLC
    since 2015
    2 recorded transactions
    2015
    $1.1M
    2014
    $500,000
    Zoning & alternative use
    C1 · Gansevoort, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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