311 Spring Ave
Troy, NY 12180
Retail Property For Sale

Mixed use property available for lease, purchase or lease with purchase option. Excellent location for Convenience Store, Mini-mart or Deli. Many other retail uses possible. Sale includes 1,300 SF Store Front. Second floor has large three bedroom apartment. Apartment is currently rented for $1,200/month. Tenant pays own electric. Vacant lot on left side of building also included in sale. Store front could also be leased for $1,083/month. Troy is a city in the US State of New York and the seat of Rensselaer County. The city is located on the western edge of Rensselaer County and on the eastern bank of the Hudson River. Troy has close ties to the nearby cities of Albany and Schenectady, forming a region popularly called the Capital District. The city is one of the three major centers for the Albany-Schenectady-Troy Metropolitan Statistical Area (MSA), which has a population of 850,957. At the 2010 census, the population of Troy was 50,129. Troy's motto is Ilium fuit, Troja est, which means "Ilium was, Troy is". At the 2010 census, there were 50,129 people, 20,121 households and 10,947 families residing in the city.[13] The population density was 4,840.1 per square mile. There were 23,474 housing units. The racial makeup of the city was 69.7% non-Hispanic White, 16.4% African American, 0.3% Native American, 3.4% Asian, 0% Pacific Islander, and 4.1% from two or more races. Hispanic or Latino of any race were 7.9% of the population.