For Sale
$229,900

640 5Th Ave Troy, NY 12182

Downtown Troy, 0.14-acre lot, high potential.

Overview

Added:
Feb 3
Days on market:
79
This exceptional mixed-use property, located at 640 5th Avenue, Unit 640 in the vibrant city of Troy, New York, presents a compelling investment opportunity. Situated on a sizable 0.14-acre lot, this property offers significant potential for a variety of uses, catering to both commercial and residential needs. The building's precise square footage is currently unavailable, however, the substantial lot size suggests ample space for expansion or redevelopment. The asking price of $229,900 represents a competitive entry point into the Troy real estate market, a city known for its rich history, burgeoning arts scene, and convenient access to major transportation routes. This location provides excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a high-traffic area for their business ventures. The property's mixed-use zoning allows for flexibility in development plans, opening doors to a range of possibilities. Investors will appreciate the potential for strong rental income and long-term appreciation in this dynamic urban setting. Serious inquiries are encouraged to explore the full potential of this unique investment opportunity in the heart of Troy. Further details regarding the building's interior and specific zoning regulations are available upon request. Don't miss this chance to acquire a valuable piece of Troy's thriving commercial landscape.

Property Details for 640 5Th Ave

Property type
Mixed-use properties
Year Built
1953
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Troy
County
Rensselaer
State
New York
Latitude
42.77658
Longitude
-73.67224

FAQs

What type of property is this?
Mixed-use property - Downtown Troy, 0.14-acre lot, high potential.
Where is the mixed-use property located?
The property is located at 640 5Th Ave Troy, NY.
What is the asking price?
The asking price for this property is $229,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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640 5Th Ave
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