39 Voorheesville AveVoorheesville, NY 12186

Property Details for 39 Voorheesville Ave

Year built

1980

Lot size

0.40 AC

Property size (Sq ft)

1,553 SF

Zone code

V5

Property type

Turn key restaurants

APN

013401 72.7-4-1

APU

1340172741

Description

This exceptional retail property, located at 39 Voorheesville Avenue in Voorheesville, New York, presents a unique investment opportunity. Situated on a sizable 0.4-acre lot, this property offers significant potential for a variety of retail businesses. The building itself is ready for immediate occupancy, allowing for a swift start to operations. Its prime location ensures high visibility and accessibility, attracting a substantial customer base. The property's size and layout provide ample space for a diverse range of retail ventures, from small boutiques to larger-scale operations. The asking price of $499,000 represents a compelling value in the current market, considering the property's location, size, and potential. This is an ideal opportunity for an entrepreneur seeking a well-positioned retail space in a thriving community. The property's strategic placement within Voorheesville guarantees convenient access for customers and employees alike. Serious inquiries are encouraged to explore the full potential of this remarkable retail property and its significant upside. Further details regarding the property's specifications are available upon request. Don't miss this chance to secure a prime retail location in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $567,110

  6.5%

  $523,486

  7%

  $486,094

• Comparable approach

  Method

  Valuation

  Relative Method

  $514,783

  Geo Method

  $511,346

• Alternative Use

  Use

  Valuation

  Residential

  $441,580

  Hospitality

  $404,485

  Educational

  $336,527

  Medical

  $348,101

  Retail

  $523,486

Location Insight

City

Voorheesville

County

Albany

State

New York

Latitude

42.6523

Longitude

-73.9275

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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