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175-179 Columbia Tpke 4,901 SF 100% Leased Retail Building Rensselaer, NY 12144 $535,000 ($109.16/SF)
Investment Highlights
- Heavy daytime foot traffic
- 25 dedicated parking spaces
- Separate Utilities
Executive Summary
Don't miss this rare chance to own a 3-storefront commercial plaza ideally situated on the high-traffic Columbia Turnpike in East Greenbush. Featuring a newer roof, separate utilities for each unit, and low owner expenses--with the landlord only responsible for taxes and insurance--this property is set up for strong returns. Tenants cover their own utilities, including water and sewer. The plaza offers 25 dedicated parking spaces, ensuring convenience for both tenants and customers. Two of the current tenants are long-standing, well-established businesses, adding stability and income reliability. This is a truly versatile investment property with proven tenants, modern infrastructure, and growth potential in one of the Capital Region's busiest commercial corridors.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,901 SF
Building Class
C
Year Built
1970
Price
$535,000
Price Per SF
$109.16
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.41 AC
Zoning
B2
Parking
20 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
75’ on Columbia Tpke
Amenities
- Bus Line
Somewhat walkable
30/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2400-155.13-3-6 | Improvements Assessment | $205,200 |
| Land Assessment | $122,000 | Total Assessment | $327,200 |
Property Taxes
Parcel Number
2400-155.13-3-6
Land Assessment
$122,000
Improvements Assessment
$205,200
Total Assessment
$327,200
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175-179 Columbia Tpke
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