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Old Fort Plaza 19 River St 34,091 SF 100% Leased Retail Building Fort Plain, NY 13339 $950,000 ($27.87/SF)
INVESTMENT HIGHLIGHTS
- Long term local grocery store
- Large lighted parking lot with ample parking
- Long term tenant: Family Dollar Store
EXECUTIVE SUMMARY
Prime Community Shopping Plaza - Excellent Investment Opportunity;
A well-maintained shopping plaza situated on 2.3 acres with high visibility and convenient access, just minutes from NYS Thruway Exit 29. It features three fully leased retail units, offering immediate income for investors.
Anchoring the plaza is a family-owned grocery store that has proudly served the local community for decades—a true neighborhood staple. The large paved parking lot provides ample space for customer convenience and accessibility. With strong tenant history and a high-traffic location, this plaza is ideal for investors seeking a stable, income-producing asset.
Bonus Opportunity: The long-standing grocery business can be purchased for an additional cost. Don't miss out—call today for more details!
A well-maintained shopping plaza situated on 2.3 acres with high visibility and convenient access, just minutes from NYS Thruway Exit 29. It features three fully leased retail units, offering immediate income for investors.
Anchoring the plaza is a family-owned grocery store that has proudly served the local community for decades—a true neighborhood staple. The large paved parking lot provides ample space for customer convenience and accessibility. With strong tenant history and a high-traffic location, this plaza is ideal for investors seeking a stable, income-producing asset.
Bonus Opportunity: The long-standing grocery business can be purchased for an additional cost. Don't miss out—call today for more details!
FINANCIAL SUMMARY (ACTUAL - 2024) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
34,091 SF
Building Class
C
Year Built/Renovated
1970/2013
Price
$950,000
Price Per SF
$27.87
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
2.30 AC
Zoning
CONF - CONF
Parking
100 Spaces (2.93 Spaces per 1,000 SF Leased)
Frontage
182’ on River St
PROPERTY TAXES
| Parcel Number | 273001-046-010-0001-004-000-0000 | Total Assessment | $497,000 |
| Land Assessment | $22,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $475,000 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
273001-046-010-0001-004-000-0000
Land Assessment
$22,000
Improvements Assessment
$475,000
Total Assessment
$497,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Old Fort Plaza | 19 River St
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