THE GRAY RIDER Real Estate Co.

Seven Prime Commercial Development Parcels and in the Capital Region of New York State

50% SHORT TERM FINANCING AVAILABLE!


These prime commercial development sites are ideal for shopping center, hotel-motel, retail center, office complex, medical facilities, trucking uses, warehouse facilities, and almost any other commercial use.


DESCRIPTION OF PARCELS CURRENTLY AVAILABLE

Discounts Available For Multiple Lot Purchases

PARCEL #1 - 26+/- ACRES - Property has approximately 1200 feet of frontage on Route 9 for visibility. There is a private home, small apartment building (fully rented), large barn and commercial building (rented) on this parcel - $2,250,000.

PARCEL #2 - 4.6+/- ACRES - Vacant land parcel with approximately 150+ feet of frontage on Route 9 and additional frontage on Peacedale Road - $250,000.

PARCEL #3 - 30+/- ACRES - Parcel is on the eastside of Route 9 with approximately 1300 feet of frontage on Route 9. Has high elevation for good visibility from Route 9, I-90 and NYS Thruway and great views of the Catskill and Heidelberg mountains. - $1,500,000.

PARCEL #4 - 33+/- ACRES - Good parcel for any commercial use. Access would be via ROW from Parcel #1 or #2, or could be used by larger development for greenspace requirement - $750,000.

PARCEL #5 - 7+/- ACRES - Property has approximately 900 feet of frontage on Route 9 for visibility - $750,000.

PARCEL #6 - COMMERCIAL BUILDING ( WITH 1-BEDROOM APARTMENT) ON 2.2 ACRES at Peacedale and Heritage Roads, just off of Route 9 - $225,000 WITH 85% FINANCING! - PRICE IS FIRM!

PARCEL #7 - PRIVATE HOME AND COMMERCIAL BUILDING ON 2+ ACRES - with some Route 9 frontage - $350,000.


The entire site is prime development land because of its prominent location on Route 9, just north the Columbia County - Rensselaer County border. Although it has always been at the forefront of local commercial activity, as new commercial development moves out from the state capital in Albany and traffic increases along the Albany to Boston corridor, the property has become even more important to the Capital District area of New York State.

The traffic to the site and the development potential of the land increased dramatically when the New York State Thruway built an entrance/exit ramp (Exit B-1) onto Route 9, located approximately a mile from the property. Another highly traveled entrance/exit ramp (Exit 12) from Interstate I-90 was constructed even closer to the property. The above two major roads exit just north of this property. The properties in the immediate area near these two exit ramps are the last undeveloped commercial areas located near an I-90 exit ramp in the Capital Region. The site is also the "key" to providing access to some of the adjoining commercial properties in the area and the Buyers may be able to recoup some of the purchase price by permitting access to these other properties over this land at some future date.


Suggested Retail Development of the Property

CLICK HERE TO GO TO THE PEACEDALE VILLAGE WEBSITE


If you would like more information on this property, please call John Wallace at 518-392-7062, or click on the mailbox below to email him.

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