432 Franklin St Schenectady, NY 12305
- Investment properties
- 6,092 SF
- 0.06 lot acres
Current Use by Public Records
- Divine Aura Wellness / Reiki Therapist
- City Hall Grill / Restaurant
- The Motherland Shop / Convenience Store
- Thomas Osika / Psychologist
- Christina Spraker / Social Worker
Property Details for 432 Franklin St
- Year built
- 1981
- Lot size
- 0.06 lot acres
- Property size
- 6,092 SF
- Zone code
- 05 - COMMERCIAL
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 421500 39.72-4-46
- APU
- 4215003972446
Description
This exceptional 1,200 square foot retail space, located at 432 Franklin Street in Schenectady County, presents a unique investment opportunity. Situated directly across from Schenectady City Hall, this property benefits from high foot traffic and prominent visibility. The building, constructed in 1981, offers a total of 6,092 square feet across two stories, with the 1,200 square foot space currently vacant and ready for immediate occupancy. The property sits on a 0.06-acre lot and is zoned for commercial use (05-Commercial), APN 39.72-4-46. The space boasts abundant natural light and previously operated as a café, making it ideal for a similar establishment or another retail venture. The high-traffic location is further enhanced by the presence of a weekly farmers market on Thursdays and a Sunday Green Market (April-October), ensuring consistent pedestrian activity. While there is no on-site parking, the central location offers easy access to public transportation and ample street parking. The building itself is a single-tenant structure with no elevators.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.9398
- Latitude
- 42.8134
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
