119 Lake Hill Road, Ballston, NY, 12027

119 Lake Hill Road Ballston, NY 12027

119 Lake Hill Road, Ballston, NY, 12027
119 Lake Hill Road, Ballston, NY, 12027 119 Lake Hill Road, Ballston, NY, 12027 119 Lake Hill Road, Ballston, NY, 12027 119 Lake Hill Road, Ballston, NY, 12027 119 Lake Hill Road, Ballston, NY, 12027
FOR SALE
Property Type:
Street Retail
Amount:
$475,000
Last Verified:
Aug 01, 2024

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Highlights

  • 375 SF +/- SF
  • Prime location
  • Corner lot
  • High Foot Traffic
  • Daily Traffic Count 14,644 +/-
  • Growing Community-New Town Park across road
  • ALL FFE Included
  • Real Estate Included

Description


Are you looking for property that includes a thriving business in a fantastic location? Business Established in 2009. Family-owned eatery serving high-quality food. Seasonal Operation. Opens in mid-May, attracting customers with its bright, rainbow-colored sign along the Route 50 corridor, a beacon for those heading into Ballston Spa or Schenectady. Located on Lake Hill Road, across from CVS and Stewarts. High Foot Traffic: Positioned at an intersection heavily traversed by students walking between schools and nearby commercial establishments on Route 50.

Turn right onto NY-32 N. Merge onto I-787 N via the ramp to Troy/Albany. Take exit 3A for NY-378 E toward Menands. Continue on NY-378 E. Merge onto I-87 N (New York State Thruway North) via the ramp to Montreal. Take exit 9E for NY-146 E toward Clifton Park. Continue on NY-146 E. Turn left onto Blue Barns Rd. Continue straight onto NY-50 N. Turn right onto Lake Hill Rd.

Building Size: 375sq ft
Lot Size: 0.2 acres


Documents

119 Lake Hill Rd.pdf

Map of 119 Lake Hill Road, Ballston, NY, 12027

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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.