180 Erie BlvdSchenectady, NY 12305

This exceptional three-story, 22,080-square-foot mixed-use building presents a compelling redevelopment opportunity in Schenectady, NY's vibrant downtown. Located on Erie Boulevard, this Class B property boasts a 7,440-square-foot lot and is zoned C-4, offering diverse potential uses. The building features approximately 7,500 square feet per floor, high 15-foot ceilings, and convenient loading dock access with one dock and twelve dock-high doors. Currently configured as an apartment building, creative office, and flex space, it's ideally suited for adaptive reuse. The property is incredibly well-maintained and the seller will strive to deliver vacant possession. This prime location benefits from significant recent and planned development activity, supported by the City's Strategic Investment Plan and Downtown Revitalization Initiative. The building's historic nature may qualify for potential Historic Tax Credits. With its central location and high daytime traffic, this is an exceptional investment prospect. The current lease expires August 30, 2024, and the asking price is $1,100,000. The property's APN is 39.71-3-23. This is a rare chance to acquire a substantial property in a rapidly growing area.