110 Monroe StTroy, NY 12180

For Sale
$3,500,000

Hudson Riverfront, Rail Access, $3.5M

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional commercial property in Troy, NY, presents a unique investment opportunity. Located at 110 Monroe Street, this offering encompasses a substantial 209,088 square foot lot and features a +/- 70,000 square foot building with significant potential. The building boasts approximately 500 feet of Hudson River frontage, providing unparalleled visibility and access. The property also offers potential rail access, a significant advantage for logistics and transportation. The existing building includes 10 overhead doors and ceiling heights ranging from 14 to 45 feet clear, accommodating a variety of industrial uses. Currently, tenants occupy 20,500 square feet on a month-to-month basis, with the owner vacating the remaining space, presenting immediate opportunities for redevelopment or lease expansion. The property's location offers convenient access to major highways, situated approximately 1.5 miles away. The sale does not include a cell tower located on the property. This is a rare chance to acquire a large-scale industrial property with prime riverfront location and excellent transportation links in a thriving New York market. The asking price for this remarkable opportunity is $3,500,000. The property is zoned for commercial use and is located in Rensselaer County, NY, zip code 12180.

Highlights

  • $3,500,000 asking price.
  • Office and land property in Troy, NY.
  • 209,088 square foot lot.
  • ±70,000 SF building with potential rail access and ±500 ft of Hudson River frontage.
  • Tenants occupy 20,500 SF on month-to-month leases; owner-occupied space available.
  • 10 overhead doors with 14' to 45' clear ceiling heights.

Location Insight

City
Troy
County
Rensselaer
State
New York
Latitude
42.718417
Longitude
-73.6979829
110 Monroe St, Troy, New York

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110 Monroe St
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