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7-11 Church Street

Gloversville, NY 12078

Active

$275,000

Listing by:
Virginia M Mackey
Krutz Properties, LLC
518-221-4340

Well-maintained executive office building offering seven professional suites and solid reliable income. The property has been consistently cared for and presents a clean, professional image ideal for long-term tenancy. Currently producing steady cash flow, this asset also offers clear upside potential. Rents are below market, creating an opportunity to increase net operating income over time through strategic rent adjustments. Located in the City of Gloversville, New York, the building benefits from a highly convenient setting with a city parking lot directly adjoining the property---an attractive feature for tenants and clients alike. Ownership structure presents a unique opportunity one professional owner will retain 25% interest, while the remaining 75% ownership interest is being offered for sale. This allows an investor to step into a majority position in a stabilized income-producing property with growth potential. A strong addition to any commercial portfolio---stable today, with room to grow tomorrow.

$275,000
0.0
Bedroom
0
Bathroom
9,120
Sq. Ft.
$ 30
$/Sq. Ft.
0.11
Acres
Year Built:
1920
County:
Fulton
School District:
Gloversville
Acres:
0.11
Listing Agent:
Virginia M Mackey
Listing Office:
Krutz Properties, LLC
CONTACT A
BUYER'S AGENT

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Features

Available Square Feet: 9,120
Town: Gloversville
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $4,879
Water: Public
Sewer: Public Sewer
Heat: Forced Air, Zoned, Natural Gas
Garage: 0
Exterior: Other, Block, Vinyl Siding
Cooling: Other
Parking Spaces: 10
Zoning: Commercial

Location



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