71 Main StQueensbury, NY 12804

  • Commercial land
  • 1,239 SF
For Sale
$749,000 View listing

Property Details for 71 Main St

Year built
1880
Lot size
0.54 AC
Property size (Sq ft)
1,239 SF
Zone code
MS
Property type
Commercial land
APN
523400 309.10-1-51
APU
52340030910151

Description

This exceptional 1.6-acre development site in Queensbury, NY, presents a remarkable investment opportunity. Located at 71 Main Street, 12804, this property boasts 234.93 feet of road frontage and is zoned for neighborhood commercial use, permitting up to three stories with ground-floor commercial space. The site is conveniently situated minutes from Interstate 87 and within walking distance of local amenities including Hannaford supermarket, a hospital, Walgreens, Dunkin' Donuts, and a bagel shop. Public transportation is also readily available. The land is cleared and ready for immediate development, offering significant potential for various projects. The asking price is $749,000. The property includes three parcels (Tax IDs 309.10-1-51, 309.10-10-52, and 309.10-1-53), totaling 1.6 acres. While currently unimproved, the zoning allows for a variety of uses, including the potential for a multi-unit residential building (e.g., forty-one-bedroom apartments). The sale is for the land only, "as is," and cash offers are preferred. Adjacent landowners have expressed interest in selling their properties, presenting an opportunity to expand the acreage if desired. This prime location in a growing area, coupled with its proximity to major transportation routes and essential services, makes this an ideal investment for developers seeking a high-impact project. The property offers 30 parking spaces.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $352,298
    Hospitality
    $322,703
    Educational
    $268,485
    Medical
    $277,718
    Retail
    $417,643
71 Main St, Queensbury, New York

Location Insight

City
Queensbury
County
Warren
State
New York
Latitude
43.3001
Longitude
-73.6712
CBSA code
24020
CBSA name
GLENS FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$1,800
$70,200
-
$70,200
-
$82,600
-
$82,600

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