Search
Renovated Retail Space with Basement
For Lease
$3,000/Mo

1608 Union Street, Schenectady, NY 12309

C-2 Mixed Use Commercial space in a shopping plaza with road frontage, signage, and three reserved parking spots.

Space SizeContact for details
Days on Market9

Property Features for 1608 Union Street

General Information

Standard status Active
Total Parking Spaces 3
Zoning C-2

Additional Details

Space Use Retail

Amenities

signage
front display
humidity room
security system

Building Details

Year Built 1987
Tenancy Multi
Listing Agency: KW Platform
Listed By: Kristian Khachadourian
Source: Signatureonerealtygroup
Added: Aug 24 Changed: Aug 31 Last Checked: Aug 31 at 7:21PM

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 KW Platform

Investment Insights

Based on property information with market context.

This 3,628-square-foot retail space is located within a shopping plaza and was recently renovated for retail occupancy. The premises include front display capability, a security system, and a newly added humidity room. A finished 1,100-square-foot basement is also available for additional rent.

The property fronts Upper Union Street in Schenectady and carries C-2 Mixed Use Commercial zoning. Three reserved parking spaces are provided for the space. Built in 1987, the property offers a retail-oriented layout with supporting basement area and established commercial surroundings.

Key Highlights

  • 3,628 SF retail space in a shopping plaza
  • Recently renovated and fitted for retail use
  • Finished 1,100 sf basement available for additional rent

Property Analytics

Current Use

House of Glass @ Schenectady (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

917
Businesses Nearby

Demographics for 12309, NY

31,273
Population
13,623
Households
2.3
Avg Household Size
43
Median Age
59%
College-Educated
97%
High-School Grad
17.6 sq mi
ZIP Area
1,777
Density / Sq Mi
$119,830
Median Household Income
$68,167
Median Earnings
$1,472
Median Rent
$301,100
Median Home Value

Market

Lease Benchmarks for Schenectady, NY

$12.47 /SF/Yr
Avg Asking Price
$1.6–$35 /SF/Yr
Price Range
20,281 SF
Avg Space Size

This space is priced 20% below the average of $12.47 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - C-2 Mixed Use Commercial space in a shopping plaza with road frontage, signage, and three reserved parking spots.
Where is this retail space located?
The property is located at 1608 Union Street Schenectady, NY.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 3,628 SF retail space in a shopping plaza; Recently renovated and fitted for retail use; Finished 1,100 sf basement available for additional rent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message