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323 5th Ave 1,594 SF Retail Building Troy, NY 12182 $795,000 ($498.75/SF)



INVESTMENT HIGHLIGHTS
- Business and Building for Sale in this price if Building not needed Owner would possibly entertain selling Business separately.
- 94 + Years in business tremendous Capital District Client Base
- Owners will stay on through transition period
EXECUTIVE SUMMARY
Longest established Plumbing/Heating AC business in Troy. 94 years! Tremendous Commercial and Residential Client list in the Capital District to name a few: Stuyvesant Plaza and Towers, Saint Peters Hospital Health Care Group, CBRE Realty Group Managing Properties, British American, Troy Music Hall, True Troy Prep Elementary & High Schools, Troy Public Library, many Churches/Synagogues, Multi Unit Landlords, & Home owners. Owners are willing to stay on in part time consulting role as needed during the initial transition period to assist with procedural ordering, materials, vendors, fielding call, scheduling work orders, on site supervision. 2400 Sq Ft Brick Bldg comprised of Front office, parts storage, warehousing with rear 2 vehicle garage (Valued @ $224,900/ $93.70 SF). Business w/2 Stocked Vans (Valued @ $625,000) access to Financials' provided with *POF required and *Confidentiality Agreement required.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,594 SF
Building Class
C
Year Built
1925
Price
$795,000
Price Per SF
$498.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.07 AC
Zoning
B2 - B2 ... General Business
Frontage
22’ on 5th Ave
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1700-090.23-1-4 | Improvements Assessment | $73,300 (2024) |
| Land Assessment | $3,700 (2024) | Total Assessment | $77,000 (2024) |
PROPERTY TAXES
Parcel Number
1700-090.23-1-4
Land Assessment
$3,700 (2024)
Improvements Assessment
$73,300 (2024)
Total Assessment
$77,000 (2024)
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323 5th Ave
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