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Executive Summary
Located in the vibrant heart of Glens Falls on Centennial Circle, this distinctive three story brick building offers an exceptional investment opportunity with multiple income streams. The property currently features long term tenant, Domino's Pizza, occupying the first-floor commercial space. While a newly converted & rented soho-style spacious loft apartment, featuring 16' ceilings, graces the second floor. An additional cozy two-bedroom apartment rounds out the first floor's residential offerings. The third floor residential unit is framed and roughed in, has plumbing and updated electrical, for additional planned living space, and presents a blank canvas for savvy investors to create a fourth rental unit and maximize returns. Adding to its unique appeal, the building showcases an iconic mural depicting Glens Falls and hot air balloons on its exterior, making it a recognized landmark in the community. This is the former historic Braydon and Chapman Music Building, blending historical significance with modern income-producing potential. With existing established rental incomes and room for expansion, this property represents a rare opportunity to own a piece of Glens Falls history while building a robust investment portfolio.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,552 SF
Building Class
B
Year Built
1900
Price
$875,000
Price Per SF
$133.55
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.51
Lot Size
0.06 AC
Zoning
CCD
Frontage
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Domino’s began in 1960 as a single pizza store in Ypsilanti, Michigan, and grew from that origin into a major global pizza brand. The company focuses on making, baking, and delivering pizza through a franchise-driven model that supports household customers in the U.S. and international markets. Domino’s business also includes menu development and store design, with a history of expanding its pizza offerings and related food items over time.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 520500-309-028-0004-008-000-0000 | Improvements Assessment | $444,300 |
| Land Assessment | $35,400 | Total Assessment | $479,700 |
Property Taxes
Parcel Number
520500-309-028-0004-008-000-0000
Land Assessment
$35,400
Improvements Assessment
$444,300
Total Assessment
$479,700
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144 Glen St
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