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    FOR LEASE
    Drive through restaurants

    549 Troy Schenectady Rd, Latham, NY 12110

    3,835 SF 2.52 ac lot Built 2003
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US63-2724450
    Property summary
    AI-generated overview

    This exceptional 1,788 square foot retail storefront is located at 549 Troy Schenectady Road in Latham, NY, on the highly visible Route 7/Route 2 corridor. Currently, one suite is available, totaling 1,728 square feet, offering an excellent opportunity for a variety of businesses. The property is situated in an established retail center, sharing space with prominent tenants such as Starbucks and Mayfair Jewelry Store, ensuring high foot traffic and visibility. The end-cap location provides exceptional street frontage and exposure. The space is ideal for a range of uses, including but not limited to small medical practices, insurance agencies, or other retail businesses seeking a prime location with significant visibility. The building is located in Albany County and offers a single suite within a multi-tenant building. This is a rare opportunity to secure a well-positioned retail space in a thriving commercial area. The property's location on a major thoroughfare guarantees high traffic volume, providing significant potential for business growth and success. Interested parties are encouraged to inquire for further details and to explore the possibilities this exceptional space offers.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2003
    Total area 3,835 SF
    Lot 2.52 ac (109,771 SF)
    Zoning code 16
    APN 012689 19.3-3-3
    UPID US63-2724450
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ny LLC Crs Assocs Of Troy · 7 yrs held
    Ny LLC Crs Assocs Of Troy
    since 2018
    5 recorded transactions
    2018
    2013
    2008
    $2.9M
    2006
    $1.3M
    2004
    $700,000
    Zoning & alternative use
    16 · Latham, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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