For Sale
$5,890,000

611 Troy-Schenectady RdLatham, NY 12110

Prime Retail/Office Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 52,130 square foot commercial property, located at 611 Troy-Schenectady Road in Latham, NY (zip code 12110), presents a unique investment opportunity. Situated on a generous 4.9-acre lot, this property boasts an irreplaceable location with phenomenal visibility and exposure directly off Exit 6 of the Northway (I-87), experiencing high traffic volume (121,505 AADT). Currently housing a 134-room Quality Inn & Suites hotel, the property is zoned HCOR (Highway Commercial Office Residential), allowing for a diverse range of redevelopment possibilities, including hotel, office, retail, or residential uses. The property benefits from convenient access to Albany International Airport and features municipal water and sewer services. The asking price for this strategically located asset is $5,890,000. This is a rare chance to acquire a substantial property in a high-traffic area with significant redevelopment potential. The property's size and zoning provide flexibility for a variety of uses, making it an attractive investment for both experienced developers and long-term investors seeking a prime location in a thriving market. Don't miss this opportunity to secure a piece of Latham's commercial landscape.

Highlights

  • 4.9-acre parcel.
  • Prime I-87 (Northway) Exit 6 location.
  • High traffic count: 121,505 AADT.
  • Close proximity to Albany International Airport.
  • Existing 134-room Quality Inn & Suites.
  • Municipal water and sewer available.

Property Details for 611 Troy-Schenectady Rd

Property type
Retail properties, Restaurants
Square Feet
52,130 SF
Lot Size (sq. ft)
213,444 SF

Location Insight

City
Latham
County
Albany
State
New York
Latitude
42.7546928
Longitude
-73.7695275
611 Troy-Schenectady Rd, Latham, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
611 Troy-Schenectady Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message