See Home Value
$1,357,431*
Commercial - Off Market

511 UNION ST

Schenectady, NY 12305
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
11,000 ft²
$86/ft²
$950,000 Jul 23, 2021
-
$2,000/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
Want to find out who owns 511 Union Street, Schenectady, NY 12305? Get detailed property transactions here .

About Downtown Schenectady


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