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Map
$1,357,431*
●
Commercial -
Off Market
511 UNION ST
Schenectady, NY 12305
Studio
0 Bath
8844 Sqft
$882,000 - $1,076,000
Reference Base Price*
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Unique opportunity to purchase both the building and business. The
business could be sold for $325,000. Phil Englebardt's Liquor Mart
in business since 1946. 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 with 7 additional 1BR apartments, generating great
rental income. Retail sales growth increased 33% in the past 5
years. Liquor Mart has 30% profit margin. Increased product variety
by over 1,200 items in the past 5 years. A great business
reputation and 5 star customer reviews. Many recent updates made to
the building and the apartments, see attached list of capital
improvements. Close to Union College, the Stockade, and Rivers
Casino. Don't miss this opportunity!
The manager has listed the unit size as 8844 square feet.
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
$111
Property Type
Commercial
Property Taxes
$1,144
HOA Dues
-
Year Built
1970
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 17, 2021 | Sold | $500,000 | |
Sold | |||
Jul 26, 2020 | No longer available | - | |
No longer available | |||
Apr 27, 2020 | Relisted | $979,000 | |
Relisted | |||
Mar 9, 2020 | No longer available | - | |
No longer available | |||
Jan 16, 2020 | Price Decreased |
$979,000
↓ $10K
(1%)
|
|
Price Decreased |
Show More
Property Highlights
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/22/2019
|
|
Loft
|
-
|
8844 ft²
|
$1,075,000
Loft
-
8844 ft²
|
-
-
|
-
|
David Hammer
CD Realty
|