200 Glen St
13,727 SF 100% Leased Retail Building Glens Falls, NY 12801 $999,000 ($73/SF)
Executive Summary
PRIME commercial building available for sale in the heart of Glens Falls. This 13,727 SF building spans 4 floors plus an underground former bar with two means of egress. The building requires full renovation however has favorable CCD Zoning, offers solid “bones” and sound infrastructure with public water, public sewer, 400+ amp 3 phase electrical service, natural gas fuel source, a sprinkler system ready to be repurposed, and one of the oldest functioning elevators in the city of Glens Falls. Conceptual renderings show potential for 12 apartments, commercial storefront, plus the underground space. Excellent opportunity to reimagine and revitalize a cornerstone building in downtown Glens Falls.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,727 SF
Building Class
C
Year Built/Renovated
1960/2019
Price
$999,000
Price Per SF
$73
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
13’
Building FAR
3.94
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
30 FT on Glen St
Walk Score®
Very Walkable (86)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 520500-302-020-0028-005-000-0000 | Improvements Assessment | $548,300 |
Land Assessment | $54,800 | Total Assessment | $603,100 |