For Sale
$3,150,000

1301 River St Valatie, NY 12184

Prime Medical Office, 32,010 SF, $3.15M

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Class A medical office building, located at 1301 River St, Valatie, NY 12184, presents a unique investment opportunity. Boasting 32,010 square feet across two stories, this multi-tenant property sits on a 3.23-acre lot and offers ample parking with 130 spaces. Built in 1992 and zoned for professional offices, the building is the primary medical facility in Northern Columbia County, currently housing three major hospital systems: Albany Med, St. Peter's, and Columbia Memorial. The asking price is $3,150,000, translating to $98.41 per square foot. A modified lease structure is in place. The property has undergone significant recent upgrades, including improvements to the parking lot, lighting, hallways, and mechanical systems. Detailed financial information and a rent roll are available to qualified buyers upon execution of a non-disclosure agreement. This is a turnkey investment opportunity in a thriving medical market. The property's strategic location and strong tenant base make it an attractive proposition for discerning investors seeking a stable and high-performing asset. Don't miss this chance to acquire a premier medical office building in a desirable location.

Highlights

  • Class A medical office building, 32,010 square feet, located at 1301 River St, Valatie, NY 12184.
  • Sits on a 3.23-acre lot with 130 parking spaces.
  • Multi-tenant property housing Albany Med, St. Peter's, and Columbia Memorial hospital systems.
  • Asking price: $3,150,000 ($98.41/SF).
  • Recently upgraded parking lot, lighting, hallways, and mechanical systems.
  • Financial details and rent roll available to qualified buyers with NDA.

Property Details for 1301 River St

Property type
Office properties, Medical offices
Square Feet
32,010 SF
Class
A
Year Built
1992
Stories
2
Lot Size (sq. ft)
140,699 SF

Location Insight

City
Valatie
County
Columbia
State
New York
Latitude
42.4129931
Longitude
-73.6809532

FAQs

What type of property is this?
Office property - Prime Medical Office, 32,010 SF, $3.15M
Where is the office property located?
The property is located at 1301 River St Valatie, NY.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Class A medical office building, 32,010 square feet, located at 1301 River St, Valatie, NY 12184.; Sits on a 3.23-acre lot with 130 parking spaces.; Multi-tenant property housing Albany Med, St. Peter's, and Columbia Memorial hospital systems.
How can I contact the broker?
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1301 River St
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