Former Burger King | East Greenbush, NY

Investment Highlights:

•   $67,000 Average Household Income Within One-Mile Radius And 135,000 Population Within A Five-Mile Radius
•   17,000 Vehicles Passing Daily, The Columbia Turnpike Is The Main Connector To Downtown Albany From East Greenbush
•   Two Miles Southeast Of Albany CBD; Three Miles From I-90, the Main Highway To Boston From Albany
•   Zoned B-2 For General Business

Offering Details:

CBRE and RealINSIGHT Marketplace are pleased to present a ±3,210 SF former Burger King retail building (Property) located at 145 Columbia Turnpike in East Greenbush, New York. This Property is offered significantly below replacement cost and the first bid starts at just $25,000.

The Property offers a great owner/user opportunity and a significant value-add investment for investors through lease-up, adaptive reuse, or repositioning/redevelopment. The 3,210 SF former Burger King restaurant sits on top of a 0.82-acre parcel with 68 feet of frontage on Columbia Turnpike, one curb cut, 36 free surface parking spaces for customer use, and is zoned B-2 General Business. Columbia Turnpike serves as the main road connecting East Greenbush with Downtown Albany and has strong traffic counts of +17,784 vehicles per day.

East Greenbush is just two miles outside downtown Albany and three miles off of I-90 which serves as the main connector from Boston to Albany. The areas demographics are 135,961 people within a five-mile radius and an average household income of $67,938 per year within a one-mile radius.

With questions about this investment opportunity, please contact Phil Kates or Adam Sklaver for more information regarding the property or the auction process.