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Vacant Laundromat and Restaurant
For Sale
Contact for pricing
Pending

1124 STATE ST, Schenectady, NY 12304

Vacant storefront with front and rear entrances and parking for 20 cars, sold with laundromat equipment and fixtures included.

Property Size1,842 SF
Days on Market141

Property Features for 1124 STATE ST

General Information

Standard status Pending
Size 1,842 SF
Total Parking Spaces 20
Property subtype Retail

Additional Details

Furnished Yes
Listing Agency: Coldwell Banker Prime Properties Slingerlands
Listed By: Leah A. Witko · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 15 Last Checked: Aug 29 at 6:01PM

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 Slingerlands

Investment Insights

Based on property information with market context.

This property is a vacant storefront including a laundromat with Chinese restaurant space, currently under a gross lease of $1,500 per month with 4 years remaining. The layout features front and rear entrances, and the sale includes all furniture, fixtures, and equipment associated with the laundromat. The roof is described as newer.

The property provides parking for 20 cars, supporting convenient customer access for the combined laundromat and restaurant use.

Offered for sale, the building is configured to support continued income under the existing gross lease while the included equipment and fixtures remain in place for a laundromat buyer or operator.

Key Highlights

  • 1842 SF vacant storefront with front and rear entrances
  • Chinese restaurant gross lease is $1,500/mo with 4 years remaining
  • Parking for 20 cars

Property Analytics

Current Use

Midtowne Laundry Center (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center HVAC Service Cafe & Coffee Shop Spa & Massage Center Nail Salon

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

813
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12304, NY

21,513
Population
9,438
Households
2.3
Avg Household Size
40
Median Age
25%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,211
Density / Sq Mi
$67,688
Median Household Income
$43,824
Median Earnings
$1,049
Median Rent
$171,500
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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Vacant storefront with front and rear entrances and parking for 20 cars, sold with laundromat equipment and fixtures included.
Where is this storefront property located?
The property is located at 1124 STATE ST Schenectady, NY.
What are key features of this property?
This property features: 1842 SF vacant storefront with front and rear entrances; Chinese restaurant gross lease is $1,500/mo with 4 years remaining; Parking for 20 cars
(518) 649-7505 Call to check price and availability
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