Income Producing Shopping Center

Description

This 27,000±sf income producing shopping center is located on busy Route 20 in the town of New Lebanon in Columbia County, NY. Encompassing 3 separate buildings on two contiguous tax lots, this property is situated on 4.5± acres of land with access from both US Route 20 (600 feet of road frontage) and County Route 5A (aka West Street). Currently there is parking for close to 200 cars. This property houses several long-term and credit tenants including Bank of America, Family Dollar and OTB. Located conveniently near restaurants, B&Bs, dry cleaners and gas stations, this property is only 17 miles from Interstate 90/NYS Thruway, providing optimal visibility and a bounty of customer traffic.

Documents

Property Information

Leases & Service Contracts

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: NA
  • Closing: Sold in As-Is condition, no contingencies
  • Deposit Amount: NA
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Inspection

By Appointment

Property Information

Leases & Service Contracts

* Requires confirmation of Online Agreement

  • Buyers Premium: NA
  • Closing: Sold in As-Is condition, no contingencies
  • Deposit Amount: NA
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

By Appointment

Auction Info:

  • Sold
  • Property Type
    Commercial
  • Property Location
    502 Columbia Pike
    Valley Plaza Center
    New Lebanon, NY 12125
  • Auction Location
    Sealed Bid

Property Map



Auction Contact(s):

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267

Wallace Schmidt