Retail Storefront
For Sale
$3,300,000
173 Fairview Avenue, Hudson, NY 12534
For-sale storefront property near Columbia Memorial Health and the FASNY Firemen's Home.
Property Size11,585 SF
Days on Market144
Property Features for 173 Fairview Avenue
General Information
Standard status
Active
Size
11,585 SF
Property subtype
Commercial
Lease Term
±3.25 Years
Net Operating Income
$300,290
Building Details
Building Size
11,585 SF
Year Built
2002
Listing Agency:
Matthews Real Estate Investment Services | Austin
Listed By:
Christian Becker · License #License No. 794055
(512) 430-4466
Source:
Matthews
Added: Jun 1
Changed: Oct 22
Last Checked: Oct 20 at 5:02PM
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 Matthews Real Estate Investment Services | Austin
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail storefront property is listed as a commercial real estate opportunity totaling 11,585 square feet.
The property is identified near Columbia Memorial Health, with the FASNY Firemen's Home noted nearby in the public remarks. The listing also references $102K in incomes.
The offering is presented under retail property and storefront property classifications, and the address is 173 Fairview Avenue, Hudson, NY 12534.
The property is identified near Columbia Memorial Health, with the FASNY Firemen's Home noted nearby in the public remarks. The listing also references $102K in incomes.
The offering is presented under retail property and storefront property classifications, and the address is 173 Fairview Avenue, Hudson, NY 12534.
Key Highlights
- Year built: 2002
- Storefront property for sale near Columbia Memorial Health
- Located near FASNY Firemen's Home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,159
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,363,180
$3.4M
Cap Rate 7%
$2,402,271
$2.4M
Cap Rate 9%
$1,868,433
$1.9M
Market Conditions
NOI Build-Up for 11,585 SF
Gross rent
$250.2K $21.60/SF
− Vacancy
−$26.0K −$2.25/SF
EGI
$224.2K $19.35/SF
− OpEx
−$56.1K −$4.84/SF
NOI
$168.2K $14.52/SF
Area
Columbia County, NY
Vacancy
10.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,363,180
Cap Rate 7%
$2,402,271
Cap Rate 9%
$1,868,433
Alternative Uses
Best Use
Specialty Retail
$2.40M
$2.10M – $2.80M
NOI $168,159 @ 7.0% cap · market cap 5.10%
Second Best
Retail
$1.74M
$1.52M – $2.03M
NOI $121,934 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$2.87M
$2.51M – $3.34M
NOI $200,634 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
130k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 40%
Groceries 16%
Aldi
Groceries
21,163 visits/mo
0.3 miles
McDonald's
Dining
19,739 visits/mo
0.4 miles
Burger King
Dining
19,656 visits/mo
0.3 miles
Ollie's Bargain Outlet
Shops & Services
12,840 visits/mo
0.2 miles
Jo-Ann Fabric and Craft
Shops & Services
10,456 visits/mo
0.2 miles
Demographics for 12534, NY
17,539
Population
9,613
Households
1.8
Avg Household Size
46
Median Age
33%
College-Educated
88%
High-School Grad
88.6 sq mi
ZIP Area
198
Density / Sq Mi
$76,086
Median Household Income
$40,823
Median Earnings
$1,296
Median Rent
$260,800
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
Similar Off Market Nearby
- Walgreens Pharmacy — 173 Fairview Ave, Hudson, NY 12534
- COVID-19 Drive-Thru Testing at Walgreens — 173 Fairview Ave, Hudson, NY 12534
- Anne Fairweather — 173 Fairview Ave, Hudson, NY 125341205
- Gary Lansburg — 173 Fairview Ave, Hudson, NY 125341205
- CVS Pharmacy — 160 Fairview Ave Suite 20, Hudson, NY 12534
Frequently Asked Questions
What type of property is this?
Drug store - For-sale storefront property near Columbia Memorial Health and the FASNY Firemen's Home.
Where is this drug store located?
The property is located at 173 Fairview Avenue Hudson, NY.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Year built: 2002; Storefront property for sale near Columbia Memorial Health; Located near FASNY Firemen's Home
