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Downtown Albany Commerical Buildings For Sale
Location: United States -> New York -> Upstate New York -> Albany
Industry: Real Estate > Commercial and Residential Real Estate Brokers




Business Summary

Old line company seeks to divest itself of excess commercial and industrial real estate. Buildings available for sale or lease either separately or together. Approx one acre of land for parking and storage. Total of 70,000 square feet in 3 separate buildings. First building is 34,000 sq ft which includes two small office buildings, one 3000 sq ft and the other 2000 sq ft. Included is a two level industrial warehouse (currently rented) space with 2 x 10,000 sq ft warehouses, 3 garages, storage space, parking areas.

Second building total of 25000 sq ft zoned mixed use has 15000 sq ft of office space 1 x 8000 sq ft warehouse, 6000 sq ft retail or light commercial space four bays with a large loading dock. Parking areas.

Third building is a 6000 sq ft warehouse with parking area.
Ideal investment properties and perfect for development. partially rented with remaining space utilized in current operations. Owner will relocate as necessary. Call 203-245-6870


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $7,000,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1921
Number of Employees:  35 - 49
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Reason For Selling:  Not needed




Print Listing Id: 700341348
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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