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281 Altamont Ave 1,920 SF Retail Building Schenectady, NY 12304 $2,550,000 ($1,328.13/SF)
Investment Highlights
- Total rebuild of Gas/convenience.
- Huge growth opportunity.
- Aggressive supply agreement.
- Niche neighborhood location.
- Turnkey with no investment necessary,
Executive Summary
Excellent opportunity to purchase newly renovated gas/convenience store with property. Niche location with huge rooftop population for fuel and inside sales. Big time opportunity for sales growth with a good operator. Kerosene, propane and ice sales also at property. Adjacent bungalow style remodeled residence can be purchased as well! Contact LBO for more detail.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,920 SF
Building Class
B
Year Built
1985
Price
$2,550,000
Price Per SF
$1,328.13
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.23 AC
Zoning
5
Parking
9 Spaces (4.69 Spaces per 1,000 SF Leased)
Frontage
34’ on Altamont Ave
Amenities
- Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 049-066-0003-007-000-0000 | Improvements Assessment | $321,600 |
| Land Assessment | $23,700 | Total Assessment | $345,300 |
Property Taxes
Parcel Number
049-066-0003-007-000-0000
Land Assessment
$23,700
Improvements Assessment
$321,600
Total Assessment
$345,300
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281 Altamont Ave
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