Building Details

Building Size 500 SF

Listing Agency: The Kinderhook Group, Inc. l***@tkgre.com Show Phone

Listed By: Sharon Frering Show Phone

Source: Harringproperties

Added: Sep 23, 2024 Changed: Oct 25 Last Checked: Oct 26 at 4:02AM

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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 The Kinderhook Group, Inc.

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Investment Insights

Based on property information with market context.

This 500-square-foot retail space features bay windows, hardwood floors, and awnings. The window configuration provides display area, while the hardwood flooring is a defining interior feature.

The space is at 5 Main Street in Chatham, New York.

Key Highlights

• 500 square feet of retail space
• Bay windows provide merchandise display area
• Hardwood floors and awnings

Property Analytics

Current Use

SomethinsGottaGive Art Gallery Stone Corner Minerals (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Hair Salon Grocery & Convenience Store Garden Center Carpet & Flooring Store 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.

Lease Details

NNN (Triple Net)

Lease Type

$3.47 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

377

Businesses Nearby

Explore this area Business Placement

Demographics for 12037, NY

3,895

Population

2,035

Households

1.9

Avg Household Size

51

Median Age

47%

College-Educated

95%

High-School Grad

36.2 sq mi

ZIP Area

108

Density / Sq Mi

$93,990

Median Household Income

$50,471

Median Earnings

$1,006

Median Rent

$345,400

Median Home Value

Market

Lease Benchmarks for Chatham, NY

$12.17 /SF/Yr

Avg Asking Price

$1.32–$23.16 /SF/Yr

Price Range

13,537 SF

Avg Space Size

This space is priced 90% above the average of $12.17 /SF/Yr.

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

Similar For Rent Nearby

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$1,400/Mo

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$2,200/Mo

2,100 sqft

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Retail Space in Chatham Plaza

15 Dardess Drive #Suite 4, Chatham, NY 12037

$2,400/Mo

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Frequently Asked Questions

What type of property is this?

Retail space - A compact storefront with hardwood flooring and street-facing windows for merchandise display.

Where is this retail space located?

The property is located at 5 Main Street Chatham, NY.

What is the lease rate?

The lease rate is $965/Mo.

What are key features of this property?

This property features: 500 square feet of retail space; Bay windows provide merchandise display area; Hardwood floors and awnings