Mixed-Use Property with Office
For Sale
Contact for pricing
2555 Western Ave, Schenectady, NY 12303
Office and retail space along Route 20 with on-site parking.
Property Size26,571 SF
Price / SF$0.10
Days on Market53
Property Features for 2555 Western Ave
General Information
Standard status
Active
Size
26,571 SF
Property subtype
Commercial
Amenities
ample parking
Building Details
Year Built
1955
Listing Agency:
M J J Realty
Listed By:
Brian Walters · License #30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Sep 9
Changed: Oct 28
Last Checked: Oct 30 at 2:26PM
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 M J J Realty
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 mixed-use property includes approximately 1,500 square feet of office and retail space within a building constructed in 1955. The property supports a combination of office and customer-facing commercial use.
Positioned on Western Ave along Route 20 in Guilderland, the site offers direct corridor exposure and on-site parking. The property address is 2555 Western Ave, Schenectady, NY 12303.
Positioned on Western Ave along Route 20 in Guilderland, the site offers direct corridor exposure and on-site parking. The property address is 2555 Western Ave, Schenectady, NY 12303.
Key Highlights
- Approximately 1,500 SF of office and retail space
- Located on Route 20 in Guilderland
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$320,733
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,414,660
$6.4M
Cap Rate 7%
$4,581,900
$4.6M
Cap Rate 9%
$3,563,700
$3.6M
Market Conditions
NOI Build-Up for 26,571 SF
Gross rent
$478.3K $18.00/SF
− Vacancy
−$20.1K −$0.76/SF
EGI
$458.2K $17.24/SF
− OpEx
−$137.5K −$5.17/SF
NOI
$320.7K $12.07/SF
Area
Schenectady County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,414,660
Cap Rate 7%
$4,581,900
Cap Rate 9%
$3,563,700
Alternative Uses
Best Use
Mixed Use
$5.24M
$4.58M – $6.11M
NOI $366,680 @ 7.0% cap · market cap 14,256.61%
Second Best
Retail
$4.58M
$4.01M – $5.35M
NOI $320,733 @ 7.0% cap · market cap 12,470.18%
Theoretical Best
Office A
$7.95M
$6.96M – $9.28M
NOI $556,716 @ 7.0% cap · market cap 21,645.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 12303, NY
30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office and retail space along Route 20 with on-site parking.
Where is this mixed-use property located?
The property is located at 2555 Western Ave Schenectady, NY.
What are key features of this property?
This property features: Approximately 1,500 SF of office and retail space; Located on Route 20 in Guilderland; On‑site parking
