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Listed by Hassan Khan • The Peoples Real Estate Group
$ 499,900
Est. payment | /mo
1,156 SqFt
$ 499,900
Est. payment | /mo
1,156 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,156 sqft
Price per Sqft $432
MLS Listing ID 202627686
HOA Y/N No
Year Built 1960
Annual Tax Amount $5,000
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 10,890
Property Sub-Type Business
Source Global MLS
Property Description
Your next investment already has a paying tenant. Own the building and collect income from day one with this Subway-occupied commercial property at 79 Broadway in Menands. Offered at $499,900, this investment features a triple-net lease with contractual annual rent increases and tenant responsibility for building maintenance and repairs, keeping landlord involvement limited. Positioned along the Broadway corridor connecting Albany and Troy, the property offers strong visibility and convenient access to I-787 at Exit 6. The standalone building includes approximately 1,156 square feet on a 0.25-acre parcel with paved on-site parking. Whether starting or expanding your commercial portfolio, this is an opportunity to purchase an income-producing property with a tenant already in place and scheduled rental growth. Lease details and financial information available to qualified buyers. Sale includes the real estate only. The Subway business is not included.
Location
State NY
County Albany
Zoning Commercial
Direction I-787 to Exit 6 for Menands/Route 32. Follow Broadway to 79 Broadway, Menands.
Interior
Heating Forced Air, Natural Gas
Inclusions Building Only
Exterior
Parking Features Paved, On Street
Building
Lot Description Views
Sewer Public Sewer
Water Public
Architectural Style Office
New Construction No
Others
Tax ID 012603 55.17-1-51.8
NEARBY SCHOOL & BUSINESS
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