NY > Schenectady
Schenectady, NY 12304,1480 State Street
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Schenectady, NY 12304,1480 State Street
Schenectady, NY 12304,1480 State Street
Schenectady, NY 12304,1480 State Street
Schenectady, NY 12304,1480 State Street
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Listed by Benjamin R Romer • KW Platform
$ 1,800,000
Est. payment /mo
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Active

1480 State Street Schenectady, NY 12304

1.1 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202517308

Year Built 1981

Annual Tax Amount $29,337

Lot Size 1.102 Acres

Acres 1.1

Lot Dimensions 240X200

Property Sub-Type Mixed Use

Source Global MLS

Property Description

1480 State Street | Turnkey Mixed-Use Retail Plaza - Fully Leased Investment Opportunity

An exceptional opportunity to acquire a fully stabilized, income-producing mixed-use plaza in the heart of Schenectady's revitalized commercial corridor. All retail and residential units are fully leased, offering immediate, dependable cash flow and a diversified tenant mix.

This property features 4 street-level retail spaces, 2 residential apartments, a 3,000± SF warehouse, and 2 garage bays with office space, all supported by 65 off-street parking spaces—a rarity in this high-traffic corridor. Located minutes from Downtown Schenectady, Union College, and major highway access, the plaza benefits from consistent visibility and steady consumer traffic.

Extensive recent improvements—updated electrical, plumbing, HVAC systems, and an 8-year-old roof—provide investors with a low-maintenance, turnkey asset poised for long-term growth.

The property also includes the option to purchase the on-site LAUNDROMAT business (available separately for $600,000), which is separately metered, features a dedicated 6'' sewer main, and operates with modern, card-enabled equipment—further enhancing the site's overall income potential.

The new, improved pricing reflects both the strength of the asset and the proven stability of its tenant mix, presenting an exceptional opportunity for investors seeking reliable returns, strong fundamentals, and continued upside in one of the Capital Region's most dynamic submarkets.

Location

State NY

County Schenectady

Zoning Commercial

Direction Corner of Fehr Ave and State Street

Interior

Heating Ductless, Forced Air, Heat Pump

Flooring Concrete

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 421500 49.76-3-15

Inglenook Realty, Inc.

Inglenook Realty, Inc.

Broker | License ID: 109931319

+1(518) 882-6236

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1480 State Street

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