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Mixed-Use Building with Established Businesses
For Sale
$450,000
Pending

867-869 River Street, Troy, NY 12180

Three-story mixed-use building with two established businesses included.

Property Size15,000 SF
Lot Size0.11 Acres
Days on Market647

Property Features for 867-869 River Street

General Information

Standard status Pending
Size 15,000 SF
Lot size 0.11 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $8,360

Amenities

Corner Lot
Flat Roof
Forced Air Heating
Level
On Street
Rubber Roof

Building Details

Year Built 1970
Listing Agency: COLDWELL BANKER PRIME PROPERTIES
Listed By: JOSHUA WOLIN · License #10301221449
Source: Corcoran
Added: Nov 7, 2024 Changed: Aug 14 Last Checked: Aug 14 at 6:02AM

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 COLDWELL BANKER PRIME PROPERTIES

Investment Insights

Based on property information with market context.

This three-story mixed-use building offers over 15,000 square feet of space. The first floor is currently configured with two established businesses: a convenience store with a bathroom and storage, and a laundromat. All equipment and inventory associated with these businesses will transfer with the sale of the building. The second and third floors are wide open and ready for development. New windows have been installed on the front of the second and third floors. The building is zoned R4 and features 10-foot ceilings. The property is located across the street from a bus stop and offers views of the Hudson River from the upper floors.

Key Highlights

  • Two established businesses (Convenience Store and Laundromat) included in the sale, providing immediate income potential.
  • Large 15,000+ sq ft mixed‑use building with development potential on the 2nd and 3rd floors.
  • All equipment and inventory from existing businesses are included in the sale.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Nail Salon Accounting Firm Pharmacy

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

506
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
5,176 visits/mo 0.3 miles

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-story mixed-use building with two established businesses included.
Where is this mixed-use property located?
The property is located at 867-869 River Street Troy, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two established businesses (Convenience Store and Laundromat) included in the sale, providing immediate income potential.; Large 15,000+ sq ft mixed‑use building with development potential on the 2nd and 3rd floors.; All equipment and inventory from existing businesses are included in the sale.
More about this property
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