409 New Karner Road

Prime investment opportunity in the New Karner Road office corridor, Town of Colonie. This 12,200 SF brick office building built in 1993 features immediate upside with 5,600 SF of vacant space available at closing- Suites 201 (1,400 SF) and 202 (4,200 SF) - ideal for an owner-user or value-add investor. Current ownership will leaseback Suite 102 (2,800 DF) providing the anchor tenant from day one. Remaining tenants deliver stabilized income with annual revenues of $138,540 fully documented. Three years of clean financials available. Ample parking, professional curb appeal, and excellent visibility. Minutes form I-90, I-87, and Wolf Road, Qualified buyers only. NDA and proof of funds required prior to financial disclosure. Contact listing broker for details.