Profitable Mixed Use Investment Opportunity

21-31 Main Street Glens Falls, NY 12803

21-31 Main Street, Glens Falls, NY, 12803
Investment
21-31 Main Street, Glens Falls, NY, 12803 21-31 Main Street, Glens Falls, NY, 12803 21-31 Main Street, Glens Falls, NY, 12803 21-31 Main Street, Glens Falls, NY, 12803 21-31 Main Street, Glens Falls, NY, 12803
FOR SALE FOR LEASE NNN Property
Property Type:
Mixed Use
Amount:
$900,000 to $1,245,000
Last Verified:
Jan 25, 2018

Profitable mixed use investment opportunity consisting of eight apartments, two restaurant spaces(one vacant), and storage garage. Located in a desirable area of Glens Falls with close proximity to the hospital and Finch Paper. AADT 19,830. Property grosses $160K. +/- 3,600 sf of turn key restaurant space recently remodeled is available for lease.


Additional URLs

Map of 21-31 Main Street, Glens Falls, NY, 12803

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.