643 Glen StQueensbury, NY 12804

Property Details for 643 Glen St

Year built

1951

Lot size

5.38 AC

Property size (Sq ft)

29,246 SF

Zone code

CI

Property type

Investment properties

Property subtype

Live-work space

APN

523400 302.11-1-2

APU

5234003021112

Description

This exceptional 5.38-acre retail property located at 643 Glen St Unit 643, Queensbury, NY, presents a significant investment opportunity. The property is zoned for retail use and offers substantial potential for a variety of commercial ventures. Its expansive 5.38-acre lot provides ample space for development, expansion, or significant parking, catering to a wide range of business needs. The strategic location in Queensbury, NY, ensures high visibility and accessibility, attracting a substantial customer base. The asking price of $1,695,000 reflects the property's considerable potential and prime location within a thriving commercial area. This is an ideal opportunity for an investor or business owner seeking a large-scale retail space with significant development potential. The property's size and location make it suitable for a variety of retail concepts, from large-format stores to smaller boutique shops. Detailed site plans and zoning information are available upon request. Serious inquiries only. This is a rare opportunity to acquire a substantial retail property in a desirable location. Don't miss out on this chance to secure a prime piece of Queensbury real estate. The property is ready for immediate development or occupancy, offering flexibility for a wide range of business plans. Further information regarding the property's specifics can be provided upon request. Act quickly to capitalize on this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $7,265,160

  6.5%

  $6,706,302

  7%

  $6,227,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,846,968

  Geo Method

  $3,821,282

• Alternative Use

  Use

  Valuation

  Residential

  $8,315,814

  Hospitality

  $7,617,240

  Educational

  $6,337,454

  Medical

  $6,555,410

  Retail

  $9,858,263

Location Insight

City

Queensbury

County

Warren

State

New York

Latitude

43.3244

Longitude

-73.6645

CBSA code

24020

CBSA name

GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].