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Former CVS Property For Sale
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1026 Madison Ave, Albany, NY

High-visibility corner retail property in Albany's retail corridor.

Property Size5,544 SF
Lot Size0.15 Acres
Price / SF$89.29
Days on Market1025

Property Features for 1026 Madison Ave

General Information

Standard status Active
Size 5,544 SF
Lot size 0.15 Acres
Property subtype RETAIL
Listing Agency: IKON Realty Group
Listed By: Bruce Ginsburg
Source: Moodyscre
Added: Oct 11, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IKON Realty Group

Investment Insights

Based on property information with market context.

This is a former CVS property available for sale or lease, situated on a corner at the signalized intersection of Madison Avenue and S. Main. The location benefits from high traffic volume, with over 18,000 vehicles per day. Madison Avenue sees 11,840 vehicles per day, while S. Main sees 6,235 vehicles per day. The property offers excellent signage and road visibility and is located in the heart of Madison Avenue's main retail and restaurant corridor. The property size is 5,544 square feet. Seller financing or a purchase-money mortgage may be considered.

Key Highlights

  • High‑traffic location: Over 18,000 vehicles per day at a signalized intersection.
  • Seller financing available: Seller will consider a purchase‑money mortgage.
  • Prime corner property: Located at a main intersection.

Property Analytics

Current Use

CVS Pharmacy UPS Access Point ... Courier Service Timothy Lasher Pharmacy Amy Zujovic Pharmacy MoneyGram Bank

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom Acupuncture Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby
Well-served
Demand for This Use

Market

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • CVS Pharmacy — 613 New Scotland Ave, Albany, NY 12208
  • Abigail N. Rudasill, Pharm — 315 S Manning Blvd, Albany, NY 12208
  • Lynn Hamil, PharmD — 315 S Manning Blvd, Albany, NY 12208
  • Muench Joseph R — 315 S Manning Blvd, Albany, NY 12208
  • Emily Stocking — 613 New Scotland Ave, Albany, NY 122081902

Frequently Asked Questions

What type of property is this?
Drug store - High-visibility corner retail property in Albany's retail corridor.
Where is this drug store located?
The property is located at 1026 Madison Ave Albany, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: High‑traffic location: Over 18,000 vehicles per day at a signalized intersection.; Seller financing available: Seller will consider a purchase‑money mortgage.; Prime corner property: Located at a main intersection.
(518) 573-5853 Call to check price and availability
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