1580 Columbia Turnpike, Schodack, NY 12033
- $3,890,000
- 36,000
- SqFt
- List Price
- $3,890,000
- Status
- ACTIVE
- Days on Market
- 20
- MLS#
- 202625178
- Subtype
- Commercial Sale
- Style
- Office
- Year Built
- 1987
- Living Area
- 36,000
- Lot Size
- 232,175
- Acres
- 5.33
- Subdivision
- Select One
Property Description
High yield value add real estate. The Schodack Park, is a premier commercial compound delivering a rock solid gross annual income of $335,000. This 36,000 SF, 5-building asset is +/- 87% occupied with 10 active leases in place, 9 of which are structured as low-management, Triple-Net (NNN) agreements. Zoned HC (Highway Commercial), the complex features 30,000 SF of functional office/flex space and a 6,000 SF warehouse, supported by 140 parking spaces. This well-maintained asset offers dependable income, tenant diversification, and clear upside through future upgrades and lease-up. Recently completed CapEx including but not limited to: a new parking lot, upgraded site work, landscaping, and full interior/exterior LED light upgrade, and upgraded septic system. 1 mile from I90's Exits 10 & 11
Additional Information
- Exterior Features
- Garden
- Taxes
- $7,512,629
- Property Description
- Office
- Zoning
- Commercial
- Flooring
- Carpet, Concrete, Hardwood, Tile, Vinyl
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Exterior Construction
- Brick Veneer, Vinyl Siding
- Roof
- Shingle, Asphalt
- Parking Features
- Off Street, Paved, Private
Mortgage Calculator
Listing courtesy of listing agent David J Skoney with Coldwell Banker Prime Properties Brokerage, 518-892-4251.
©2019 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated