1 14th Street

Troy NY 12180

4000 sq. ft.

6534 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Prime mixed-use opportunity in downtown Troy, ideally located at the corner of 14th Street and Congress Street, just minutes from RPI, Prospect Park, shops, and high-density residential areas. This property features a fully renovated, turn-key restaurant on the first floor plus a spacious 5-bedroom/5-bath residential unit in the rear two-story building, offering exceptional flexibility for both owner-occupants and investors. The commercial restaurant space has been freshly updated with a newly painted exterior, new flooring, an upgraded kitchen with a new commercial refrigerator, and a newly paved private driveway. Excellent visibility and foot traffic make it ideal for a wide range of restaurant or retail concepts. The first floor of the rear building also includes an additional full bath and four divided rooms suitable for storage or operational use. The upper-level apartment features 5 bedrooms and 5 full bathrooms, including 4 private suites, with newly painted interiors and updated kitchen flooring. This layout is especially attractive for RPI student housing and co-living arrangements, with strong rental demand in the area. The property consists of two tax lots, providing a rare amount of private on-site parking for approximately 5 vehicles—a significant advantage in downtown Troy. The additional lot is currently used as paved parking and enhances the property's commercial usability and long-term value. Additional features include public water/sewer, natural gas, 10 ft ceilings on the commercial level, and Mixed-Use zoning allowing for multiple income-producing configurations. A unique, updated, and high-visibility asset in one of Troy's most active corridors.