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11 Grandoe Ln 77,867 SF Industrial Building Gloversville, NY 12078 $799,999 ($10.27/SF)
Investment Highlights
- 2.10± acres
- Commercial zoning
- New boiler and roof
- 12’-18’ ceiling heights
- 1 passenger elevator, 2 Loading Docks, 3 Drive-In Doors and Alarm system.
- Public water & sewer
Executive Summary
77,867± SF industrial building on 2.10± acres. Includes 43,867± SF with potential for adaptive reuse or apartment conversion (subject to approvals), and may qualify for historic tax and/or HCR/HFA credits. Features 12’–18’ ceiling heights, elevator with dumbwaiter, 1 drive-in and 3 dock doors, public water/sewer, and ample on-site parking.
Light industrial zoning supports a range of uses for investors or owner-users. Low taxes ($6,140.85) and solid infrastructure make this a compelling value-add opportunity.
Light industrial zoning supports a range of uses for investors or owner-users. Low taxes ($6,140.85) and solid infrastructure make this a compelling value-add opportunity.
Property Facts
| Price | $799,999 | Rentable Building Area | 77,867 SF |
| Price Per SF | $10.27 | No. Stories | 3 |
| Sale Type | Owner User | Year Built | 1960 |
| Property Type | Industrial | Parking Ratio | 0.26/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 12’6” |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 2.10 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | R1 - Commercial Zoning | ||
| Price | $799,999 |
| Price Per SF | $10.27 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 2.10 AC |
| Rentable Building Area | 77,867 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 0.26/1,000 SF |
| Clear Ceiling Height | 12’6” |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | R1 - Commercial Zoning |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 170500-134-011-0004-021-000-0000 | Improvements Assessment | $228,200 |
| Land Assessment | $36,800 | Total Assessment | $265,000 |
Property Taxes
Parcel Number
170500-134-011-0004-021-000-0000
Land Assessment
$36,800
Improvements Assessment
$228,200
Total Assessment
$265,000
Contacts
-
Andrew Jackson -
Jeffrey Martino -
Cushman and Wakefield/Pyramid Brokerage Company
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11 Grandoe Ln
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