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705 Business Blvd 117,700 SF 100% Leased Industrial Building Schenectady, NY 12302 $5,900,000 ($50.13/SF)
EXECUTIVE SUMMARY
705 Corporation Park is a fully leased industrial asset totaling 117,700 SF on 4.26 acres, offering stable in-place cash flow and long-term functionality. The building features 20’ clear height, nine (9) dock-high doors, and two (2) drive-in doors, supporting efficient distribution and warehouse operations.
Situated in Schenectady, the property benefits from immediate access to I-890, Route 7, and the NYS Thruway (I-90), placing it within the core of the Capital Region industrial market. This centralized location supports regional distribution, access to a deep labor pool, and sustained tenant demand across Albany, Troy, and Saratoga Springs.
Situated in Schenectady, the property benefits from immediate access to I-890, Route 7, and the NYS Thruway (I-90), placing it within the core of the Capital Region industrial market. This centralized location supports regional distribution, access to a deep labor pool, and sustained tenant demand across Albany, Troy, and Saratoga Springs.
PROPERTY FACTS
| Price | $5,900,000 | Rentable Building Area | 117,700 SF |
| Price Per SF | $50.13 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1943 |
| Property Type | Industrial | Parking Ratio | 0.93/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | No. Dock-High Doors/Loading | 9 |
| Lot Size | 4.26 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | Industrial | ||
| Price | $5,900,000 |
| Price Per SF | $50.13 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.26 AC |
| Rentable Building Area | 117,700 SF |
| No. Stories | 1 |
| Year Built | 1943 |
| Parking Ratio | 0.93/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 9 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Industrial |
UTILITIES
- Water
- Sewer
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PROPERTY TAXES
| Parcel Number | 029-000-0003-010-000-0000 | Improvements Assessment | $1,333,200 |
| Land Assessment | $226,800 | Total Assessment | $1,560,000 |
PROPERTY TAXES
Parcel Number
029-000-0003-010-000-0000
Land Assessment
$226,800
Improvements Assessment
$1,333,200
Total Assessment
$1,560,000
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705 Business Blvd
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