See Home Value
$337,523*
Commercial - Off Market

511 UNION ST

Schenectady, NY 12305
bedrooms
Studio
bathrooms
0 Bath
square feet
8844 Sqft
$270,000 - $328,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

HUGE PRICE REDUCTION. SELLER MOTIVATED. WILL HOLD PARTIAL PRIVATE MORTGAGE. Unique business opportunity to purchase Phil Englebardt's Liquor Mart. In business since 1946. Close to Union College, the Stockade, and Rivers Casino. Well established business and household name within the Union College area of Schenectady. Great opportunity to invest in a fast growing wine and liquor retail business.  Retail Sales averaged  $735K in the past 5 years.  Increased product variety by over 1,200 items in the past 5 years. A great business reputation and 5 star customer reviews. Can also purchase the building for $499k with 7 additional 1BR apartments,  generating extra annual rental income of approx. $60K (see MLS # 202029766).  Don't miss this opportunity!

The manager has listed the unit size as 8844 square feet.
Unit Size
8,844Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$34
Property Type
Commercial
Property Taxes
$1,144
HOA Dues
-
Year Built
1970

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 17, 2021 Sold $500,000
Sold
Jan 27, 2021 In contract -
In contract
Nov 6, 2020 Price Decreased $299,900
↓ $20K (6.3%)
Price Decreased
Oct 10, 2020 Price Increased $319,900
↑ $900 (0.3%)
Price Increased
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Property Highlights

Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$299,900 Nov 16, 2022
-
-
In Contract
House
4 Beds
2 Baths
4,263 ft²
$73/ft²
$310,000 Feb 24, 2022
-
$1,333/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190722
07/22/2019
Loft
-
8844 ft²
$1,075,000
bedrooms
Loft
bathrooms
-
square feet
8844 ft²
-
-
-
David Hammer
CD Realty

Building Info

511 Union Street 511 Union Street, Schenectady, NY 12305
More about this Building
511 Union Street
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About Downtown Schenectady


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