104 5Th AveTroy, NY 12180

For Sale
$189,000

12,447 SF Industrial Space, $189K

Overview

Added:
Dec 11, 2024
Days on market:
93
This 12,447-square-foot industrial property, located at 104 5th Ave in Troy, NY, presents a unique investment opportunity. Originally constructed in 1921 as Schrader's Building, this vacant building offers excellent visibility from its corner location at the southwest intersection of 5th Ave and 102nd Street. The building features a spacious, open floor plan (75' wide x 130' long) with high ceilings (13'11"). Two 12' high overhead doors and two convenient driveways (front and rear) provide ample access for loading and unloading. The property is zoned B2, allowing for a wide range of uses, including but not limited to multifamily dwellings, various businesses (retail, services, professional), and even certain community facilities. Its strategic location near the Hoosick St Bridge, 112th Street Bridge, Ross Tech Park, and I-787 ensures easy accessibility. The asking price is $189,000, translating to $15.18 per square foot. The lease type is NNN. This property offers significant potential for a variety of uses and strong returns. A potential net operating income of 46 cents per square foot has been estimated. Further due diligence is recommended to verify all permitted uses and potential income.

Highlights

  • 12,447 SF industrial building in Troy, NY, on a corner lot at 5th Ave and 102nd Street.
  • Vacant building with high visibility, offering a spacious open floor plan (75' x 130'), 13'11" ceilings, and two 12' overhead doors.
  • Two driveways (front and rear) provide excellent access.
  • B2 zoning allows for diverse uses, including multifamily, retail, and various businesses.
  • $189,000 asking price ($15.18/SF), NNN lease.

Property Details for 104 5Th Ave

Property type
Other warehouses, Other industrial properties
Square Feet
12,447 SF
Year Built
1921

Location Insight

City
Troy
County
Rensselaer
State
New York
Latitude
42.755988657722
Longitude
-73.68106374624
104 5Th Ave, Troy, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
104 5Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message