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    511 Union St

    Schenectady, NY 12305
    • $299,900
    • STATUS: Active
    • MLS #: 202024665
    UPDATED: 58 min ago
    $299,900
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,844
      SQFT
    • $34
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:

    School Ratings & Info

    Description

    HUGE PRICE REDUCTION. SELLER MOTIVATED. WILL HOLD PARTIAL PRIVATE MORTGAGE. Unique business opportunity to purchase Phil Englebardt's Liquor Mart. In business since 1946. Close to Union College, the Stockade, and Rivers Casino. Well established business and household name within the Union College area of Schenectady. Great opportunity to invest in a fast growing wine and liquor retail business. Retail Sales averaged $735K in the past 5 years. Increased product variety by over 1,200 items in the past 5 years. A great business reputation and 5 star customer reviews. Can also purchase the building for $499k with 7 additional 1BR apartments, generating extra annual rental income of approx. $60K (see MLS # 202029766). Don't miss this opportunity!

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    © 2020 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2020-11-30T20:12:36.193.
    www.518realty.com/homes/108624682
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    511 Union St Schenectady, NY 12305

    • Price: $299,900
    • Status: Active
    • Updated: 58 min ago
    • MLS #: 202024665
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    8,844
    SQFT
    $34
    $/SQFT
    1930
    Built
    Neighborhood:
    Union St.
    County:
    Schenectady
    Area:
    Schenectady City-Downtown (411)
    Property Description
    HUGE PRICE REDUCTION. SELLER MOTIVATED. WILL HOLD PARTIAL PRIVATE MORTGAGE. Unique business opportunity to purchase Phil Englebardt's Liquor Mart. In business since 1946. Close to Union College, the Stockade, and Rivers Casino. Well established business and household name within the Union College area of Schenectady. Great opportunity to invest in a fast growing wine and liquor retail business. Retail Sales averaged $735K in the past 5 years. Increased product variety by over 1,200 items in the past 5 years. A great business reputation and 5 star customer reviews. Can also purchase the building for $499k with 7 additional 1BR apartments, generating extra annual rental income of approx. $60K (see MLS # 202029766). Don't miss this opportunity!
    Exterior Features

    Lot 35.4 X 125 Lot Sq Ft 13626 Parking AssignedPrivate Property Type Business Opp W/Real Prop.

    Interior Features

    Building Available Sq Ft 8844 Condition Excellent Elevator Desc Schenectady Handicap Access No Office Available Sq Ft 0 Retail Available Sq Ft 2000 Warehouse Available Sq Ft 0

    Property Features

    Business Name Englebardt's Liquor Mart City Town Taxing Entity Schenectady Gross Income $735K Heating System H/W-BaseboardHot Air Sewer Public Special Market Conditions Exclusive Agency Listing Style Retail Total Taxes 13730 Total Taxes Description Actual Use BusinessRetail Water Public Year Established 1946

    Listing information © 2020 Global MLS.
    Listing provided courtesy of David Hammer of Hammer Realty: 518-221-5757.



    © 2020 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2020-11-30T20:12:36.193.
     
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