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    FOR SALE
    Distribution centers

    178 Columbia Tpke, Rensselaer, NY 12144

    1,480 SF 0.15 ac lot Built 1960
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US63-2068417
    Property summary
    AI-generated overview

    This 0.15-acre commercial lot at 178 Columbia Turnpike in Rensselaer, NY, presents a significant opportunity for entrepreneurs. The property, built in 1960, boasts a total of 1,480 square feet, including 758 square feet of completely remodeled office space, a 573-square-foot two-bay garage, and a 331-square-foot storage room. The lot size is 6,534 square feet, providing ample space for operations and parking. Six parking spaces are available on-site. The property features vinyl siding, block exterior, public sewer, and public water. Its location on Columbia Turnpike offers high visibility and accessibility, with an average daily traffic count of 17,051. This versatile property is well-suited for a variety of businesses, including service garages, used car lots, auto detailing shops, or small contractors needing space for vehicles and equipment. The asking price is $300,000. Columbia High School is nearby. This is a rare opportunity to acquire a well-maintained commercial property in a high-traffic area.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1960
    Total area 1,480 SF
    Lot 0.15 ac (6,534 SF)
    Zoning code B-2
    APN 382400 155.13-21-15
    UPID US63-2068417
    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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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Mohammad Sajid · 3 yrs held
    Mohammad Sajid
    since 2022
    Last sale
    $132,500
    1 recorded transaction
    2022
    $132,500
    Zoning & alternative use
    B-2 · Rensselaer, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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