1505 State Street, Schenectady, NY 12304 (MLS# 202516840)

$900,000
1505 State Street
Schenectady, NY 12304
MLS# 202516840
Status: Closed

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Property Description
Prime commercial opportunity on busy State Street in Schenectady! This nearly one-acre property is currently operating as a car dealership, auto repair shop, detailing garage, and body shop making it a true turnkey business. With parking for up to 50 vehicles, it offers excellent visibility and capacity. The dealership features two private offices, two bathrooms, a spacious hallway, and a sitting area. The repair shop is fully equipped with four Mohawk lifts, 1 coats lift,and gas /oil heat options, a mechanic's office, small break room and private bath. The rear body shop is leased, generating additional rental income. Best of all, the sale includes the established business—offering a rare chance to own and operate in a high-demand location.

Details
Maps
Documents
Contract Information
Original List Price: 950000
List Price/Acres: 1104651.16
Sold Price/Acres: 1046511.63
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $900,000
Listing Contract Date: 2025-05-07
Current Price: $900,000
Location
City/Town (Mail): Schenectady
Street Number: 1505
Street Name: State
Street Suffix: Street
County: Schenectady
State/Province: NY
Postal Code: 12304
Geo Lat: 42.791437
Geo Lon: -73.915736
Property Detail
Lot Size Square Feet: 37320
Zoning: Commercial
Lot Size Dimensions: 193.2X200
Lot Size Acres: 0.86
Year Built: 1986
Parcel, Tax, HOA
Parcel Number: 421500 49.76-5-1
Tax Annual Amount: 15300
Tax Section: 49.76
Total Taxes Description: Actual
Tax Block: 5
Tax Lot: 1.
Association Y/N: No
Directions & Remarks
Directions: State St (Rt 5) just east of Fehr Ave.
Public Remarks: Prime commercial opportunity on busy State Street in Schenectady! This nearly one-acre property is currently operating as a car dealership, auto repair shop, detailing garage, and body shop making it a true turnkey business. With parking for up to 50 vehicles, it offers excellent visibility and capacity. The dealership features two private offices, two bathrooms, a spacious hallway, and a sitting area. The repair shop is fully equipped with four Mohawk lifts, 1 coats lift,and gas /oil heat options, a mechanic's office, small break room and private bath. The rear body shop is leased, generating additional rental income. Best of all, the sale includes the established business—offering a rare chance to own and operate in a high-demand location.
Sewer
Public Sewer: 1
Current Use
Automotive Sales: 1
Business: 1
Garage: 1
Mixed Use: 1
Office: 1
Architectural Style
Commercial: 1
Mixed Use: 1
Cooling
Central Air: 1
Lot Features
Cleared: 1
Level: 1
Construction Materials
Stucco: 1
Other Structures
Shed(s): 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Business Type
Auto Repair-Specialty: 1
Flooring
Carpet: 1
Concrete: 1
Tile: 1
Showing Requirements
Lockbox: 1
Roof
Asphalt: 1
Water Source
Public: 1
Heating
Forced Air: 1
Natural Gas: 1
Interior Features
Built-in Features: 1
High Speed Internet: 1
Solid Surface Counters: 1
Parking Features
Parking Total: 60
Attached: 1
Public Parking: 1
Possible Use
Business: 1
Mixed: 1
Office: 1
Restaurant: 1
Automotive Sales: 1
Fitness/Gym: 1
Investment: 1
Sale Includes
Business & Building: 1
Status Change Info
Status Change Date: 2025-12-03
Under Contract Date: 2025-05-27
Sold Date: 2025-12-03
Sold Price: $900,000
Property Features
Architectural Style: Commercial; Mixed Use
Construction Materials: Stucco
Cooling: Central Air
Current Use: Automotive Sales; Business; Garage; Mixed Use; Office
Business Type: Auto Repair-Specialty
Flooring: Carpet; Concrete; Tile
Heating: Forced Air; Natural Gas
Interior Features: Built-in Features; High Speed Internet; Solid Surface Counters
Lot Features: Cleared; Level
Other Structures: Shed(s)
Parking Features: Attached; Public Parking
Possession: At Closing
Possible Use: Business; Mixed; Office; Restaurant; Automotive Sales; Fitness/Gym; Investment
Roof: Asphalt
Sale Includes: Business & Building
Sewer: Public Sewer
Showing Requirements: Lockbox
Water Source: Public
IDX
Listing Courtesy of The People's Real Estate Group
Listing Agent: Hassan Khan
518-951-5575 | Hassan@ThePeoplesRealEstate.net
Source MLS Verified

Information deemed reliable but not guaranteed.

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