867-869 River StTroy, NY 12180

For Sale
$499,999

Prime Troy location, high-potential mixed-use building.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a three-story mixed-use building situated at 867-869 River Street in Troy, New York, 12180. Listed at $499,999, the property boasts a substantial 4,792 square foot lot. Currently housing a thriving convenience store and laundromat on the ground floor, both businesses, including all equipment and inventory, will transfer with the sale. The upper two floors offer expansive, open spaces totaling over 15,000 square feet, ripe for development and customization. These upper levels feature 10-foot ceilings and newly installed windows on the front, providing stunning Hudson River views. The building's convenient location across from a bus stop ensures excellent accessibility. The R4 zoning designation offers flexibility for future development plans. This property represents a unique blend of established income streams and significant upside potential, making it an ideal investment for savvy entrepreneurs seeking a foothold in a vibrant Troy market. The property's size and location make it an attractive option for a variety of commercial uses.

Highlights

  • Exceptional mixed-use investment opportunity in Troy, NY.
  • $499,999 asking price for a 4,792 sq ft lot.
  • Ground floor features a profitable convenience store and laundromat, including all equipment and inventory.
  • Upper two floors offer over 15,000 sq ft of open space with 10-foot ceilings and new windows, offering Hudson River views.
  • R4 zoning allows for flexible future development.

Location Insight

City
Troy
County
Rensselaer
State
New York
Latitude
42.7519586
Longitude
-73.6828744
867-869 River St, Troy, New York

FAQs

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867-869 River St
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