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930 Albany Shaker Rd

22,578 SF 83% Leased Office Building Latham, NY 12110 $1,900,000 ($84/SF)

Executive Summary

Well maintained professional and medical office building in Latham near Route 7 and the Albany Airport. Excellent investment property and owner/user building with tremendous upside. 83% occupied with a mix of medical and general office tenants. Only a 3902 SF space is unleased which is vacant space in shell condition and ready for fit-up. Would make a perfect office or medical office suite and it features it's own bathroom and private entrance from the exterior. Either as owner user or an investor, leasing of the vacant space offers tremendous upside. Current property management company will stay on if needed. Email listing agent for rent roll and financials.
Recent upgrades include new landscaping, two new roof top units, new pylon signage, parking lot repaved and full common area renovation.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
22,578 SF
Building Class
B
Year Built
1982
Price
$1,900,000
Price Per SF
$84
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
22,578 SF
Building FAR
0.19
Land Acres
2.66 AC
Zoning
COR - COR
Parking
86 Spaces (3.81 Spaces per 1,000 SF Leased)

Amenities

  • Controlled Access
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,902 SF
  • Office/Medical
  • Shell Space
  • Now

3,902 sq/ft shell space inside a general / medical office building in Latham near Route 7 and the Albany Airport. The former medical space features sub slab waste lines for easy medical fit-out, an existing private bathroom and an entrance directly to the exterior which is ideal as a staff entrance. Building features ample parking and tenant signage on Albany Shaker Road. Space is offered for lease at $15.50 per SF + utilities with lease terms negotiable.

Space Size Space Use Condition Available
1st Floor 3,902 SF Office/Medical Shell Space Now

1st Floor

Size
3,902 SF
Space Use
Office/Medical
Condition
Shell Space
Available
Now

1st Floor

Size 3,902 SF
Space Use Office/Medical
Condition Shell Space
Available Now

3,902 sq/ft shell space inside a general / medical office building in Latham near Route 7 and the Albany Airport. The former medical space features sub slab waste lines for easy medical fit-out, an existing private bathroom and an entrance directly to the exterior which is ideal as a staff entrance. Building features ample parking and tenant signage on Albany Shaker Road. Space is offered for lease at $15.50 per SF + utilities with lease terms negotiable.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
012689-018-000-0001-028-000-0000
Land Assessment
$312,500
Improvements Assessment
$1,287,500
Total Assessment
$1,600,000
  • Listing ID: 33483194

  • Date on Market: 10/11/2024

  • Last Updated:

  • Address: 930 Albany Shaker Rd, Latham, NY 12110

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