1 Spring Avenue, Troy, NY 12180

Property Description

Exceptional owner-user or redevelopment opportunity featuring a historic three-story brick building originally constructed in 1860. Offering approximately 11,004 SF on 0.85 acres, the property features a flexible combination of office and warehouse space, 23 on-site parking spaces, and one loading dock. The first floor includes approximately 1,692 SF of finished office space and 2,922 SF of warehouse space, with an additional 5,764 SF of warehouse space across the upper two floors. Distinctive architectural character and adaptable floor plans provide significant potential for a variety of commercial uses, single or multi-tenant occupancy, or adaptive reuse, including potential multifamily or mixed-use conversion, subject to municipal approvals. Additional features include municipal water and sewer, BD zoning, and annual real estate taxes of approximately $9,149. Conveniently located in the City of Troy, this unique property presents an attractive opportunity for owner-users, investors, and developers at just $62 per square foot.