Retail Space on Route
For Sale
$399,000
14 Main Street, Hudson Falls, NY 12839
Retail space with frontage on Route 4 and parking.
Property Size2,450 SF
Lot Size0.89 Acres
Price / SF$162.86
Days on Market159
Property Features for 14 Main Street
General Information
Standard status
Active
Size
2,450 SF
Lot size
0.89 Acres
Property subtype
Office
Listing Agency:
CBRE | Albany
Listed By:
Craig Darby · License #Associate Real Estate Broker
(518) 378-2501
Source:
Cbre
Added: May 8
Changed: Sep 30
Last Checked: Oct 12 at 7:09PM
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 CBRE | Albany
Investment Insights
Based on property information with market context.
This retail space includes approximately 2,450 square feet on the main floor, with an additional approximately 1,635 square feet in the basement. The property is situated on an approximately 0.89-acre site, consisting of two tax parcels. It features approximately 170 feet of frontage on the heavily trafficked Route 4. The building is equipped with natural gas heating and central air conditioning. There are approximately 38 parking spaces available.
Key Highlights
- Prime frontage with ±170 ft on busy Route 4.**
- Generous ±0.89 acre site comprised of two tax parcels.**
- Benefit from ±2,450 SF on the main floor and an additional ±1,635 SF in the basement.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,559
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,180
$611.2K
Cap Rate 7%
$436,557
$436.6K
Cap Rate 9%
$339,544
$339.5K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$45.6K $18.60/SF
− Vacancy
−$1.9K −$0.78/SF
EGI
$43.7K $17.82/SF
− OpEx
−$13.1K −$5.35/SF
NOI
$30.6K $12.47/SF
Area
Washington County, NY
Vacancy
4.20%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,180
Cap Rate 7%
$436,557
Cap Rate 9%
$339,544
Alternative Uses
Best Use
Retail
$436.6K
$382.0K – $509.3K
NOI $30,559 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$607.8K
$531.9K – $709.1K
NOI $42,548 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
10,287 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,178 visits/mo
0.2 miles
TD Bank
Shops & Services
4,670 visits/mo
0.0 miles
O'Reilly Auto Parts
Shops & Services
2,827 visits/mo
0.3 miles
Demographics for 12839, NY
13,618
Population
6,515
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
31.0 sq mi
ZIP Area
439
Density / Sq Mi
$70,006
Median Household Income
$41,545
Median Earnings
$1,018
Median Rent
$161,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with frontage on Route 4 and parking.
Where is this retail space located?
The property is located at 14 Main Street Hudson Falls, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime frontage with ±170 ft on busy Route 4.**; Generous ±0.89 acre site comprised of two tax parcels.**; Benefit from ±2,450 SF on the main floor and an additional ±1,635 SF in the basement.
