255 Riv St Troy, NY 12180-3538
- Investment properties
- 28,500 SF
- 0.13 lot acres
Current Use by Public Records
- McCarthy Modern Heritage Lofts / Apartment Complex
- Butterfly Plant Studio / Interior Design
- BRYNSON / Advertising Agency / Marketing & Advertising
- Biovericom / Association Or Organization
- Austin-Small Psychological Consulting, PLLC / Consultant / Psychologist
Property Details for 255 Riv St
- Year built
- 1900
- Lot size
- 0.13 lot acres
- Property size
- 28,500 SF
- Zone code
- B4
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 381700 101.45-5-6
- APU
- 3817001014556
Description
This exceptional 2,555 square foot restaurant space, located at 255 River Street in Rensselaer County, presents a unique opportunity. Situated within a five-story, 28,500 square foot building constructed in 1912, this single-tenant property boasts a charming character and modern amenities. The space is ideally suited for a restaurant or cafe, featuring a dedicated 2-inch domestic water service line, a kitchen hood vent stack designed for a 22-foot hood (extending from the first-floor ceiling to the roof), and a 4-inch drain line running along the south wall. An outdoor patio adds to the appeal. The property sits on a 0.13-acre lot and is zoned B-4. The building includes 15 parking spaces and an elevator for convenient access to all five floors. While the building itself is historic, this specific space is ready for immediate occupancy. This is a rare opportunity to establish a business in a vibrant location with significant character and built-in infrastructure. The building's history adds to its unique charm, while the modern features ensure a smooth and efficient operation. Don't miss this chance to secure a prime restaurant space in a desirable location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,415,000
- AI Estimate
- $2,090,000
Market price range: $841k - $2.42MMarket price range: $740k - $2.09M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,605,000 Current use
- AUTO REPAIR, GARAGE
- $2,375,000 Change: +48% Conversion: Difficult
- OFFICE BUILDING
- $1,540,000 Change: -4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Rensselaer
- State
- New York
- Longitude
- -73.6918
- Latitude
- 42.732
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA