Warehouse, For Sale or Lease: Downtown Albany, NY
163 and 164 Montgomery Street Albany, NY
Building Sale: $1,200,000
Lease Rate for the 11.045 SF Space: $6.00 NNN (Nets approx $2.50 per SF)
Property Details
| Property Type | Industrial |
|---|---|
| Total Building Size | 15,019 sq/ft |
| Available Space | 11,045 sq/ft |
| Status | Available |
| Zoning | MU-FW |
| Parking Spaces | 6 |
| Lease Rate | $6.00 NNN (Nets approx $2.50 per SF) |
| Sales Price | $1,200,000 |
| Date Available | Now |
| Lease Type | Plus Utilities |
| Tenant Pays | Utilities |
Description
Listing includes the .31 acre paved parking lot across from building at 163 Montgomery. This versatile warehouse property features three separate tenant spaces: 1,652 SF, and 2,322 SF space are leased, 11,045 SF clear span space is leased until October 31, 2025 after which time it will be available. The building is served by four grade-level doors in the front and one additional door in the rear, offering convenient loading and unloading. Located near the Central Warehouse, this property boasts excellent access to major thoroughfares. Off-street parking is also available through the owner’s lot directly across the street. This is an ideal option for businesses looking to expand or investors seeking a reliable return with existing tenants in place.