562-564 Hoosick RdTroy, NY 12180

For Sale
$949,900

Prime Retail Storefront, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
93
Gateway Plaza, located at 562-564 Hoosick Road in Brunswick, NY (zip code 12180), presents a compelling investment opportunity. This 9,546 square foot retail plaza sits on a 0.91-acre lot and boasts 60 parking spaces. Built in 1994, the property is zoned B-15 Commercial and features five individual units, currently operating under a NNN lease structure. The asking price is $949,900. Strategically positioned along heavily trafficked Route 7, between Hudson River Commons and a Walmart Supercenter, Gateway Plaza benefits from exceptional visibility and high daily traffic counts exceeding 25,000 vehicles. This prime location is surrounded by over 600,000 square feet of existing retail space, further enhancing its appeal. The immediate trade area is experiencing significant growth, with recent additions including Hannaford, Aldi, Popeyes, Aroma Joe's, and KFC. The property's proximity to Rensselaer Polytechnic Institute (RPI) and Samaritan Hospital provides a substantial and diverse customer base. This well-established retail center offers a strong return on investment potential for savvy buyers seeking a thriving commercial property in a rapidly developing area of Rensselaer County, New York.

Highlights

  • 9,546 SF retail plaza on 0.91-acre lot with 60 parking spaces, located at 562-564 Hoosick Road, Brunswick, NY 12180. Asking price: $949,900.
  • High-traffic location on Route 7, between Hudson River Commons and Walmart, with over 600,000 SF of surrounding retail. Daily traffic count exceeds 25,000 vehicles.
  • Route 7 provides strong connectivity between Troy, Brunswick, and Bennington, VT.
  • Recently added nearby retailers include Hannaford, Aldi, Popeyes, Aroma Joe's, and KFC.
  • Excellent proximity to Rensselaer Polytechnic Institute (RPI) and Samaritan Hospital.

Property Details for 562-564 Hoosick Rd

Property type
Other retail properties, Individual retail properties
Square Feet
9,546 SF
Year Built
1994
Lot Size (sq. ft)
39,640 SF
Units
5

Location Insight

City
Troy
County
Rensselaer
State
New York
Latitude
42.7399572
Longitude
-73.6566044
562-564 Hoosick Rd, Troy, New York

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562-564 Hoosick Rd
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