242 Union Street, Schenectady, NY 12305

Pending

44 Photos

Property Description

Welcome to an exceptional mixed-use property located in the heart of Schenectady's historic Stockade District. Rich in character and meticulously cared for, this remarkable building seamlessly combines professional office space with three beautifully updated apartments, creating an outstanding opportunity for an investor, owner-user, or entrepreneur looking for a unique property with multiple income-producing possibilities.The property features 12 individual offices, a conference room, and thoughtfully designed professional workspace, offering flexibility for a variety of business uses. Whether you're looking to establish your own headquarters, create a professional office center, lease individual spaces, or explore additional commercial opportunities, this property provides the space and versatility to make it happen. Adding even greater value are three beautifully updated apartments, providing excellent residential income potential. Each unit has been thoughtfully maintained and updated while preserving the character and charm that make properties in the Stockade District so desirable.Throughout the building, you'll find high ceilings, refinished hardwood floors, quality finishes, and a level of care that is immediately apparent. More than $300,000 in upgrades and renovations have been invested into the property, offering a buyer the opportunity to acquire a substantially improved asset with significant possibilities for continued growth and income. Outside, the property makes an impressive first impression with great curb appeal and a distinctive, castle-esque street presence that reflects the historic character of the surrounding neighborhood. A large paved parking lot with 15 dedicated parking spaces provides an exceptional convenience and a valuable amenity for both office occupants and residents.The property is conveniently positioned near downtown attractions, entertainment, restaurants, shopping, with quick access to the highway. Book your showing today

242 Union Street | MLS# 202626197

This commercial property located at 242 Union Street, Schenectady, NY 12305 is currently listed for sale with an asking price of $575,000. Union Street is located within the Schenectady school district. Search Schenectady real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Commercial - Investment
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Office, Multiple Dwelling Unit
Lot Size: 0.23 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $13,173
Year Built: 1908

Feature Descriptions

Current Use: Multi-Family, Office Plus
Days on Site: 43
Exterior: Brick, Fiber Cement
Interior: T1 Internet, Crown Molding
Lot: Cleared
Lot Dimensions: 10,157
Parcel #: 421500 39.63-4-20.1
Parking: Paved
Parking Total: 15
Parking Total: 15
Security: 24 Hour Security, Closed Circuit Camera(s)
Sewer: Public Sewer
Water: Public

Local Schools

High School: Schenectady
School District: Schenectady

Demographics

Listed By / Shown By

Listing By

Agency Name: Venture Fox Realty Group LLC
Agency Phone: 1 518-290-1070

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

IDX logo

Login to My Homefinder