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    OFF-MARKET
    Bars & Pubs

    159 Brg Ave, Cohoes, NY 12047-3717

    6,357 SF 0.11 ac lot Built 1963
    Individually Owned 18-yr Hold Free & Clear
    Property ID
    US63-6135454
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 159 Bridge Avenue in the vibrant city of Cohoes, New York, presents a compelling investment opportunity. Encompassing a generous 0.11-acre lot, this property offers significant potential for a variety of commercial ventures. The building itself is ready for immediate occupancy or redevelopment, allowing for customization to suit specific business needs. Its strategic location in Cohoes provides excellent visibility and accessibility, ensuring high traffic flow and convenient access for customers and employees. The asking price of $735,000 reflects the property's prime location and development potential. This is an ideal opportunity for entrepreneurs and investors seeking a foothold in a thriving New York market. The property's size and location make it suitable for a range of businesses, from retail establishments to offices or light industrial uses. Further investigation into zoning regulations and permitted uses is encouraged to fully explore the possibilities. Don't miss this chance to acquire a valuable commercial asset in a dynamic and growing community. Serious inquiries are welcome. The property is offered as-is. Detailed information regarding the building's square footage and internal layout is available upon request. Act quickly to secure this exceptional investment opportunity.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1963
    Total area 6,357 SF
    Lot 0.11 ac (5,000 SF)
    Zoning code 03 - MULTI-FAMILY
    APN 010300 10.76-4-15
    UPID US63-6135454
    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
    Current use
    Occupant on record · Public records
    • Tugboat Tavern Restaurant
    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
    Katherine A Mayce · 18 yrs held
    Katherine A Mayce
    since 2007
    1 recorded transaction
    2007
    $235,000
    Zoning & alternative use
    03 - MULTI-FAMILY · Cohoes, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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