For Sale
$539,900

2 Guy Park Ave Amsterdam, NY 12010

Prime downtown location, renovated office/medical building.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional Class A office building, located at 2 Guy Park Ave, Amsterdam, NY 12010, presents a unique investment opportunity. The 5,537 square foot, two-story building sits on a 0.36-acre lot and boasts 21 parking spaces. Completely renovated in 2022, this property features 17 private offices with keypad entry, a communal workspace, a conference room, waiting area, kitchen, break room, and four public restrooms, plus two private restrooms within the offices. The building's modern design includes vaulted ceilings, bright, well-lit spaces, and a complete infrastructure overhaul. New features include four high-efficiency furnaces with heat pumps, central air conditioning, updated wiring and lighting, a new water heater, a 24/7 security system, key fob access, and Wi-Fi thermostats for remote management. The property is currently vacant, offering flexibility for an owner-occupant or a multi-tenant leasing strategy. Zoned for commercial use, this building is ideal for a variety of businesses, including medical practices and traditional office spaces. The property's high visibility and convenient downtown location make it an attractive option for both businesses and investors. A long-term lease is considered. The building was constructed in 1980.

Highlights

  • Exceptional Class A office building, 5,537 square feet, on a 0.36-acre lot in Amsterdam, NY.
  • Completely renovated in 2022 with 17 private offices, communal workspace, and ample amenities.
  • Features 21 parking spaces, high-efficiency HVAC, updated infrastructure, and 24/7 security.
  • Currently vacant, offering owner-occupancy or multi-tenant leasing potential; long-term lease considered.
  • High visibility downtown location, zoned for commercial use, ideal for various businesses; potential for a 25%+ cap rate.

Property Details for 2 Guy Park Ave

Property type
Office properties, Medical offices
Square Feet
5,537 SF
Class
A
Year Built/Renovated
1980/2022
Buildings
1
Stories
2
Lot Size (sq. ft)
15,682 SF
Units
17

Location Insight

City
Amsterdam
County
Montgomery
State
New York
Latitude
42.938784449976
Longitude
-74.192003966796
2 Guy Park Ave, Amsterdam, New York

FAQs

What type of property is this?
Office property - Prime downtown location, renovated office/medical building.
Where is the office property located?
The property is located at 2 Guy Park Ave Amsterdam, NY.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Exceptional Class A office building, 5,537 square feet, on a 0.36-acre lot in Amsterdam, NY.; Completely renovated in 2022 with 17 private offices, communal workspace, and ample amenities.; Features 21 parking spaces, high-efficiency HVAC, updated infrastructure, and 24/7 security.
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2 Guy Park Ave
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