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    OFF-MARKET
    Office buildings

    153 Broadway 159, Fort Edward, NY 12828-1708

    1,950 SF 0.71 ac lot Built 1980
    Entity Owned 21-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-2378279
    Property summary
    AI-generated overview

    This exceptional commercial property at 153 Broadway, Fort Edward, NY 12828, presents a unique investment opportunity. The 1,950 square foot building sits on a substantial 27,878 square foot lot, offering ample space for a variety of commercial uses. Its prime location in the heart of Fort Edward provides excellent visibility and accessibility, further enhanced by its adjacency to the waterfront park and stunning, unobstructed Hudson River views. The building itself is a former bank, meticulously maintained and in excellent condition, boasting a wealth of desirable features. The main level includes two private offices, a teller area, a walk-in safe, and a spacious lobby. The lower level offers two bathrooms, a break room/kitchen, a utility room, ample storage space, and a second safe room. The property also includes a paved parking area accommodating 17+ vehicles and two drive-thru window service lanes, making it ideal for businesses requiring convenient customer access. All essential utilities are readily available, including public water, sewer, and natural gas service. This versatile property is perfectly suited for a range of businesses, from retail and restaurants to offices and more. The asking price is $249,900. Don't miss this chance to own a piece of Fort Edward's vibrant commercial landscape.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Total area 1,950 SF
    Lot 0.71 ac (30,928 SF)
    Zoning code 05 - COMMERCIAL
    APN 533001 171.5-2-8
    UPID US63-2378279
    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
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    Owner & transaction history
    GLENS FALLS NATIONAL
    GLENS FALLS NATIONAL
    Zoning & alternative use
    05 - COMMERCIAL · Fort Edward, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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