Description
Located in the vibrant heart of Glens Falls on Centennial Circle, this distinctive three story brick building offers an exceptional investment opportunity with multiple income streams. The property currently features long term tenant, Domino's Pizza, occupying the first-floor commercial space. While a newly converted & rented soho-style spacious loft apartment, featuring 16' ceilings, graces the second floor. An additional cozy two-bedroom apartment rounds out the first floor's residential offerings. The third floor residential unit is framed and roughed in, has plumbing and updated electrical, for additional planned living space, and presents a blank canvas for savvy investors to create a fourth rental unit and maximize returns. Adding to its unique appeal, the building showcases an iconic mural depicting Glens Falls and hot air balloons on its exterior, making it a recognized landmark in the community. This is the former historic Braydon and Chapman Music Building, blending historical significance with modern income-producing potential. With existing established rental incomes and room for expansion, this property represents a rare opportunity to own a piece of Glens Falls history while building a robust investment portfolio.
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0BEDS
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0.05ACRES
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3BATHS
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01/2 BATHS
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6,552SQFT
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$143$/SQFT
School Information
Description
Located in the vibrant heart of Glens Falls on Centennial Circle, this distinctive three story brick building offers an exceptional investment opportunity with multiple income streams. The property currently features long term tenant, Domino's Pizza, occupying the first-floor commercial space. While a newly converted & rented soho-style spacious loft apartment, featuring 16' ceilings, graces the second floor. An additional cozy two-bedroom apartment rounds out the first floor's residential offerings. The third floor residential unit is framed and roughed in, has plumbing and updated electrical, for additional planned living space, and presents a blank canvas for savvy investors to create a fourth rental unit and maximize returns. Adding to its unique appeal, the building showcases an iconic mural depicting Glens Falls and hot air balloons on its exterior, making it a recognized landmark in the community. This is the former historic Braydon and Chapman Music Building, blending historical significance with modern income-producing potential. With existing established rental incomes and room for expansion, this property represents a rare opportunity to own a piece of Glens Falls history while building a robust investment portfolio.
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