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Property profile & analytics
FOR LEASE
Strip malls

27 Gansevoort Rd South Glens Falls, NY 12803

62,278 SF 6.86 ac lot Built 1993
Individually Owned 21-yr Hold Free & Clear
Property ID
US63-2772568
Property summary
AI-generated overview

This exceptional 2,800 square foot retail space is available for lease at 27 Gansevoort Road in South Glens Falls, New York, zip code 12803. The property is a single-tenant strip center, offering a blank canvas for a wide range of retail businesses. With its entire 2,800 square feet currently vacant, this presents a unique opportunity for a business seeking immediate occupancy. The building's location in South Glens Falls provides excellent visibility and accessibility, making it an ideal spot to establish or expand a retail operation. The property is situated at 43.2860373 latitude and -73.6382091 longitude, offering convenient access for customers and employees. The single-tenant nature of the property ensures complete control and customization of the space to meet specific business needs. This is a rare opportunity to secure a substantial retail space in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Interested parties are encouraged to inquire promptly to secure this prime retail location. The property is classified as a retail strip center, offering a straightforward and functional layout. This presents a cost-effective solution for businesses seeking a ready-to-occupy space without the complexities of a larger multi-tenant building. The ample square footage allows for a variety of retail configurations, catering to diverse business requirements.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1993
Total area 62,278 SF
Lot 6.86 ac (298,822 SF)
Zoning code C1
APN 414401 50.29-1-43
UPID US63-2772568
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
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.33M
Owner & transaction history
Martins Foods Of South Burling · 21 yrs held
Martins Foods Of South Burling
since 2004
1 recorded transaction
2004
$195,100
Zoning & alternative use
C1 · South Glens Falls, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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