447 State St Schenectady, NY 12305-2309
- Investment properties
- 7,918 SF
- 0.08 lot acres
Current Use by Public Records
- Investment properties
Property Details for 447 State St
- Year built
- 1995
- Lot size
- 0.08 lot acres
- Property size
- 7,918 SF
- Zone code
- 5
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 421500 39.72-4-32
- APU
- 4215003972432
Description
This exceptional mixed-use property, located at 447 State Street, Unit 447, Schenectady, NY, presents a compelling investment opportunity. Situated on a sizable 0.08-acre lot, this building offers significant potential for a variety of uses. The property's precise square footage is currently unavailable, however, the asking price of $799,800 reflects its strong potential for return. The address indicates a prime location within Schenectady, suggesting convenient access to local amenities, transportation networks, and a potentially strong tenant base. The mixed-use designation opens doors to a range of possibilities, from retail and commercial ventures on the ground floor to residential units above. Investors will appreciate the potential for diverse income streams and long-term appreciation. Further due diligence is encouraged to fully assess the property's potential and to determine the optimal utilization strategy. This property is being offered as-is, and interested parties are responsible for conducting their own independent inspections and assessments. The substantial lot size offers possibilities for future expansion or development, subject to local zoning regulations and approvals. This is a rare opportunity to acquire a well-situated mixed-use property in a growing market. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Schenectady
- County
- Schenectady
- State
- New York
- Longitude
- -73.9408
- Latitude
- 42.8126
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
