- For Sale $795,000
- Property Type Retail
- Lot Size 21,780 SF
- # of Floors 1
- Date Updated May 13, 2026
Description
Main building: 1 story 8100 +/-[/] brick and block building with full basement. Long established government lease (over 20 years) with existing 10 year lease (fixed till 11/2028) then with 5 year opt. There are also two office vacancies (2,000 [/] and 900 [/]) that require updates, the landlord over the last 15 years has opted not to rent. The second building is estimated at 2,000 [/] and is leased as a laundromat and is halfway into the second 5 year option with one remaining. Income and expenses upon request, highly qualified buyers only. Rounded actual gross is $163k and net before dept $90k rounded. It does not account for the two empty office spaces. A great investment especially for a owner who needs an office as well as wanting substantial income.
Highlights
- Cooling: Central A/C
- Gloversville
- Heating Type: Baseboard
- Sewer: Public
- Water: City Water
False
Contacts
Clayton Sitterly
Coldwell Banker Prime Properties
Location
Contact Listing Broker
Clayton Sitterly
Coldwell Banker Prime Properties