1580 Columbia Turnpike, Castleton, NY 12033

New - 20 Hours Ago

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Property Description

High yield value add real estate. The Schodack Park, is a premier commercial compound delivering a rock solid gross annual income of $335,000. This 36,000 SF, 5-building asset is +/- 87% occupied with 10 active leases in place, 9 of which are structured as low-management, Triple-Net (NNN) agreements. Zoned HC (Highway Commercial), the complex features 30,000 SF of functional office/flex space and a 6,000 SF warehouse, supported by 140 parking spaces. This well-maintained asset offers dependable income, tenant diversification, and clear upside through future upgrades and lease-up. Recently completed CapEx including but not limited to: a new parking lot, upgraded site work, landscaping, and full interior/exterior LED light upgrade, and upgraded septic system. 1 mile from I90's Exits 10 & 11

1580 Columbia Turnpike | MLS# 202625178

This commercial property located at 1580 Columbia Turnpike, Castleton, NY 12033 is currently listed for sale with an asking price of $3,890,000. Search Castleton real estate on debbie-falcone.timberlandproperties.com today.

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Property Features

Property Type: Commercial - Industrial
Basement: None
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Office, Commercial
Lot Size: 5.33 Acres
Roof Type: Shingle, Asphalt
Stories: 2.0
Year Built: 1987

Feature Descriptions

Current Use: Business, Mixed Use, Office, Retail, School Building, Warehouse
Exterior: Garden, Lighting
Exterior: Brick Veneer, Vinyl Siding
Flooring: Tile, Vinyl, Carpet, Concrete, Hardwood
Lot: Road Frontage, Garden, Landscaped
Lot Dimensions: 439*567*397*554
Parcel #: 384489 178.-11-26.1
Parking: Off Street, Paved, Private
Parking Total: 140
Parking Total: 140
Sewer: Septic Tank
SQFT Building Total: 36000
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Prime Properties
Agency Phone: 1 518-427-9000

Shown By

Agent Name: Debbie Falcone
Agent Phone: (516) 695-9460
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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