Brian A. Marsh
Coldwell Banker Chairman's Circle, Realtor, Equal Housing Opportunity

1580 Columbia Turnpike, Castleton, NY 12033

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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 by Coldwell Banker Prime Properties, with an asking price of $3,890,000. Search Castleton real estate on brian-marsh.coldwellbankerprime.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
Days on Site: 8
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

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Shown By

Agent Name: Brian A. Marsh
Agent Phone: (617) 905-6444 Cell

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