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32096449
32095756

5 Elmwood Rd, Albany, NY 12204

PS
NY 10401299525
Hanna Commercial Albany
Listed by Hanna Commercial Albany
$2,250,000
697 days on market
Updated 38 days ago

5 Elmwood Road

Details
APN 012603 55.6-1-3
Property Type Industrial
Sub Type Warehouse, Manufacturing
Square Footage 40,600
Lease Type NNN
Price per SqFt $7
Year Built 1930
Year Renovated 2023
Buildings 1
Stories 1
Acreage 3.200
Zoning Warehousing/ distribution center
Parking Spaces 75 spaces
Parking Per SqFt 1.85
Ceiling Height 15

Warehousing/ Distribution Center with easy highway access

Marketing description

Public Remarks: For Sale or lease. This was a former bowling alley that is being converted into warehouse space. The owner will build to suit. There is an existing 40,600 sq. f.t. building on site with room to expand. Asking $7.00 a s.q. f.t. or $2,250,000 for a purchase. This is an amazing location with highway access to all areas of the capital region. Property was given a use variance to allow warehousing and a distribution facility.

Directions: Continue on I-87 N. Take NY-7 E and I-787 S to NY-378 W. Take exit 7W from I-787 S.Merge onto I-87 N, Use the right 2 lanes to take exit 7 for NY-7 E toward Troy/Cohoes, Keep right at the fork, follow signs for I-787 S/Albany/Watervliet and merge onto I-787 S/NY-787 S/Cohoes Blvd S, Use the right 2 lanes to take exit 7W to merge onto NY-378 W toward Loudonville/Menands, Take Harts Ln to Elmwood Rd

Investment highlights

  • Current Use: Warehouse
  • Possible Use: Industrial; Investment; Manufacturing; Retail; Self-Storage Facility; Warehouse; Other
  • Parking Y/N:
  • Parking Total: 75
  • Parking Features: Parking Total: 75; Parking Lot; Private; Storage
  • Sewer: Public Sewer
  • Water Source: Public
  • Electric: 200 Amp Service
  • Tenant Pays: Common Area Maintenance; Insurance; Taxes; Trash Collection

Listing Contacts

PS
NY 10401299525
Hanna Commercial Albany
Listed by Hanna Commercial Albany

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Additional Information

Name
Philip Sabatino
License
10401299525
Brokerage
Hanna Commercial
Title
Commercial Real Estate Agent
Brokerage Address
20 Aviation Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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