Former Church Re-Development 560 Congress St
12,338 SF Retail Building Troy, NY 12180 $248,000 ($20/SF)
INVESTMENT HIGHLIGHTS
- High Visibility and Traffic Count
- High Ceilings
- Stained Glass
EXECUTIVE SUMMARY
GREAT RE-DEVELOPMENT OPPORTUNITY!!! Former church with an approved zoning change for a Pub/ Brewery. Located steps away from Prospect park and only minutes from RPI. Property comes with a large organ, oak church pews and stained glass windows. There is also an adjacent parking lot and grass park included in the sale. This is a must see, SCHEDULE A TOUR!
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,338 SF
Building Class
C
Year Built
1910
Price
$248,000
Price Per SF
$20
Tenancy
Single
Building Height
2 Stories
Building FAR
0.52
Lot Size
0.54 AC
Opportunity Zone
Yes
Zoning
Mixed Use - Church has an approved zoning change for a Brewery/ Brew Pub
Parking
30 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
260’ on Congress
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1700-101.79-4-17.1 | Total Assessment | $150,000 |
| Land Assessment | $27,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $122,500 | Tax Year | 2023 |
