240 Mohawk Ave, Schenectady, NY 12302
This 3,272 square foot building, situated on a 0.44-acre lot in the heart of Scotia, NY, presents a unique opportunity for a variety of businesses. Built in 1979, the property boasts a convenient location at a traffic light, ensuring high visibility and accessibility. The building offers three points of ingress and egress, along with ample parking for 20 vehicles. Excellent signage opportunities are available. The interior comprises 1,200 square feet of existing, built-out office space and a 2,000 square foot clear-span warehouse featuring two drive-in overhead doors. This flexible layout allows for diverse uses, making it suitable for various retail, office, or distribution needs. The property is zoned RC Retail Commercial, providing further adaptability. In addition to leasing, this property is also available for purchase. The building is a single-tenant space, and tenants are responsible for all NNN charges associated with the property. This prime location, combined with its versatile design and ample parking, makes this property an exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CON · Schenectady, NYSchenectady. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.