5 Elmwood RdAlbany, NY 12204

Property Details for 5 Elmwood Rd

Year built

1958

Lot size

3.20 AC

Property size (Sq ft)

40,600 SF

Zone code

86

Property type

Warehouses

APN

012603 55.6-1-3

APU

1260355613

Description

This exceptional 40,600-square-foot industrial property at 5 Elmwood Road, Albany, NY 12204, presents a unique investment opportunity. Previously a bowling alley, this single-story building has undergone a complete renovation in 2023, transforming it into a modern and efficient warehouse and distribution center. The property boasts a 14-foot ceiling height, providing ample vertical space for storage and operations. The building sits on a site with expansion potential, and the current owner offers build-to-suit options to meet specific tenant requirements. The property features a new roof, new parking lot, and new electrical systems. Zoned for warehousing and distribution, this location offers unparalleled access to major highways, providing seamless connectivity throughout the Capital Region. The asking price is $2,250,000, with a price per square foot of $55.42. The lease type is NNN. This property is ideal for businesses seeking a modern, efficient, and strategically located industrial space in Albany, New York. A use variance has been granted to permit warehousing and distribution center operations.

Location Insight

City

Menands

County

Albany

State

New York

Latitude

42.6985

Longitude

-73.7227

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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