$500,000
New Lebanon, NY 12125
MLS# 202415572
Status: Closed
1 baths | 8660 sqft
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Property Description
AADT is 7603 vehicles/day. Unlock the potential of this exceptional commercial property located in the heart of New Lebanon, NY. Situated on 3 acres of flat land, this property currently operates as a bustling shopping center, offering a myriad of opportunities for savvy investors and entrepreneurs. Boasting a strategic location close to Pittsfield, Albany, and Hudson, NY, this property enjoys easy access to major transportation routes, making it an ideal hub for businesses catering to a diverse clientele. With its proximity to these bustling metro areas, the property offers unparalleled visibility and accessibility, ensuring steady foot traffic and robust business potential. The property's versatile zoning permits a wide range of approved uses: restaurants, breweries, grocery& storage
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Retail
Original List Price: 699900
Sold Price: $500,000
Lease Considered: No
Listing Contract Date: 2024-04-19
Current Price: $500,000
List Price/SqFt: 69.27
Sold Price/SqFt: 57.74
List Price/Acres: 199966.67
Sold Price/Acres: 166666.67
Location
Street Number: 538
Street Name: US Route 20
County: Columbia
State/Province: NY
Postal Code: 12125
City/Town (Mail): New Lebanon
Geo Lat: 42.466358
Geo Lon: -73.393843
Property Detail
Year Built: 1975
Stories: 1
Number Of Buildings: 1
Bathrooms Total: 1
Business Name: Grocery Store Tenant
Lot Size Square Feet: 171988
Zoning: Commercial
Lot Size Dimensions: 589x292
Lot Size Acres: 3
Building Area Total: 8660
Building Available SQFT: 8660
Main Road Frontage: 274
Land Lease Y/N: No
Parking Y/N: Yes
Non Member
Non Member Name: Rae Gilson
Parking Features
Parking Total: 30
Status Change Info
Status Change Date: 2025-04-16
Under Contract Date: 2025-02-27
Sold Date: 2025-04-15
Sold Price: $500,000
Property Features
Architectural Style: Grocery; Retail; Shop/Center; Strip Mall
Basement: Slab; None
Construction Materials: Frame; Wood Siding
Cooling: Ductless
Current Use: Retail
Business Type: Grocery
Electric: 200+ Amp Service
Flooring: Concrete; Linoleum; Tile
Heating: Forced Air; Propane Tank Leased
Lot Features: Cleared; Corner Lot; Level; Road Frontage
Parking Features: Off Street
Possession: At Closing
Possible Use: Business; Restaurant; Retail; Shopping Center; Tavern; Tavern Plus; Car Wash; Convenience Store; Gas Station; Laundromat; Medical/Dental; Self-Storage Facility
Roof: Asphalt; Metal
Sale Includes: Building & Land
Sewer: Septic Tank
Showing Requirements: Agent to Accompany; Call Listing Agent
Tenant Pays: Electricity
Type of Well: Drilled
Listing Courtesy of Gilcrest Properties
Listing Agent: Michael J Castellano
518-505-4811 | mike@gilcrestproperties.com
518-505-4811 | mike@gilcrestproperties.com
