Price Reduction
Address
424 5th Avenue, Troy, NY
Price
$ 399,000
Property Attributes
- MLS#202329606
- TypeCommercial
- CountyRENSSELAER
- CityTroy
- AreaTroy
- Zip12182
- StyleMixed Use
- Year Built1945
- Taxes$ 59
- Price$ 399,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.55 Acres
Data Source:
Global MLS (GCAR)
Property Description
Very hard to find commercial corner lot over 1/2 acre in North Troy! This highly visible property is a great opportunity to relocate/expand a new buyer's business, keep as rental investment property, or future redevelopment of future site. Current two buildings on property are: Wielding Shop/2 Bay Concrete Block- 1350 Sq Ft +/- with newly rehabbed office, bath and rec. area at $2,600/month. Tenant pays all utilities. Leased to 08/2024. Also a car wash. 2,250 Sq Ft+/- Four Bay Concrete Block Building set up as ground lease. $995/month. Tenant pays utilities, water and 50% of all property taxes.
| Price History | |
|---|---|
| 12/14/2023 | Listed $429,000 |
| 4/2/2024 | 2% - $424,000 |
| 4/18/2024 | 6% - $399,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Cooling | None |
| Zoning | Commercial |
| Construction Materials | Block |
| Year Built | 1945 |
| Tenant Pays | Heat,Hot Water,Sewer,Water,Electricity |
| Property SubType | Mixed Use |
| Current Use | Automotive Sales,Business,Car Wash,Garage |
| Business Type | Car Wash |
| County | Rensselaer |
| New Construction | No |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Possible Use | Business,Garage,Mixed,Office,Office/Retail,Restaurant,Retail,Service Station,Tavern,Automotive Sales,Gas Station,Self-Storage Facility |
| Status | Active |
| Directions | North Troy Corner Lot at 111th St and 5th Ave. |
| ModificationTimestamp | 2024-04-18T16:00:49Z |
| City | Troy |
| Buyer Agent Compensation | 2.50 |
| View Y/N | No |
| High School District | Troy |
| Lot Size Square Feet | 23640.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 5th |
| Land Lease Y/N | No |
| Tax Annual Amount | 59.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 155 |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Troy |
Interior Features
| Basement | None |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Street Suffix | Avenue |
| Electric On Property Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 59.0 |
| Inclusions | {u'Building & Land': True} |
| Lot Size Area | 0.55 |
| Spa | No |
| Lot Dimensions | 197x120 |
| Lot Size Acres | 0.55 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 12182
Price
Visits
Year Built
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