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111 Nott Ter 5,587 SF Retail Building Schenectady, NY 12308 $690,000 ($123.50/SF)
INVESTMENT HIGHLIGHTS
- Current NYS Dealer & Repair Shop License (Business separately) boasting nearly 6,000 sq ft of versatile space designed with resilience in mind.
- Situated amidst Union College & thriving businesses, location is the pulse of Schenectady.
- You can transform this massive building into a restaurant, bar, axe throwing lounge, a golf simulator facility, creative studio and more.
EXECUTIVE SUMMARY
Step into the heart of downtown Schenectady at 111 Nott Terrace, where a piece of history meets limitless potential. This family-owned commercial property, standing proudly for over 70 years, With current NYS Dealer & Repair Shop License (Business separately) boasting nearly 6,000 sq ft of versatile space designed with resilience in mind. It's a fortress of brick, block, & steel. Imagine the possibilities - with a fresh, open and clean facility you can transform this massive building into a restaurant, bar, axe throwing lounge, a golf simulator facility, creative studio and more. The finished space upstairs & breathtaking views, opens doors to various business ventures or living arrangements. Situated amidst Union College & thriving businesses, location is the pulse of Schenectady.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,587 SF
Building Class
B
Year Built
1970
Price
$690,000
Price Per SF
$123.50
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.23 AC
Zoning
5 - C-4 Downtown mixed use
Parking
16 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 039-073-0002-033-001-0000 | Improvements Assessment | $160,200 |
| Land Assessment | $29,100 | Total Assessment | $189,300 |
PROPERTY TAXES
Parcel Number
039-073-0002-033-001-0000
Land Assessment
$29,100
Improvements Assessment
$160,200
Total Assessment
$189,300
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111 Nott Ter
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