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Listed by Scott P Varley • KW Platform
$ 690,000
Est. payment /mo
New
60-62 Lawrence Street Glens Falls, NY 12801
4,000 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $172
MLS Listing ID 202528810
Year Built 1950
Annual Tax Amount $17,417
Lot Size 4,802 Sqft
Acres 0.16
Lot Dimensions 0.16 ac
Property Sub-Type Mixed Use
Source Global MLS
Property Description
Downtown Glens Falls Mixed-Use Investment Portfolio - $690,000
An exceptional opportunity to own two well-maintained mixed-use buildings in the heart of downtown Glens Falls, offering a total of nine income-producing units—four storefronts and five apartments—with strong rental history and future growth potential.
Located at 55 and 62 Lawrence Street, these properties have seen significant updates, including improvements to mechanical systems, finishes, paint, and storefronts. Most units have been renovated, while current rents remain below market, creating immediate potential for 10-15% increases upon renewal.
Positioned just steps from The Shirt Factory, the Glens Falls Art Trail, and the city's thriving restaurant and entertainment scene, this portfolio benefits from excellent street visibility, strong pedestrian traffic, and ample community energy.
These properties embody the downtown Glens Falls revitalization, offering investors a rare blend of stability, value-add potential, and pride of ownership in one of the Capital Region's most dynamic small cities.
Package includes 55 Lawrence Street (4 units) and 62 Lawrence Street (5 units) - offered together for $690,000.
An exceptional opportunity to own two well-maintained mixed-use buildings in the heart of downtown Glens Falls, offering a total of nine income-producing units—four storefronts and five apartments—with strong rental history and future growth potential.
Located at 55 and 62 Lawrence Street, these properties have seen significant updates, including improvements to mechanical systems, finishes, paint, and storefronts. Most units have been renovated, while current rents remain below market, creating immediate potential for 10-15% increases upon renewal.
Positioned just steps from The Shirt Factory, the Glens Falls Art Trail, and the city's thriving restaurant and entertainment scene, this portfolio benefits from excellent street visibility, strong pedestrian traffic, and ample community energy.
These properties embody the downtown Glens Falls revitalization, offering investors a rare blend of stability, value-add potential, and pride of ownership in one of the Capital Region's most dynamic small cities.
Package includes 55 Lawrence Street (4 units) and 62 Lawrence Street (5 units) - offered together for $690,000.
Location
State NY
County Warren
Zoning Mixed
Direction From Dix Ave To Cooper to Lawrence
Interior
Heating Baseboard, Electric, Forced Air, Natural Gas
Exterior
Parking Features Off Street
Roof Type Rubber,Asphalt
Building
Lot Description Road Frontage
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
School District Glens Falls
Others
Tax ID 520500 303.17-3-15
Special Listing Condition Standard

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