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Route 9 Retail Opportunity
For Lease
$5,000/Mo NNN

2639 State Route 9, Ballston Spa, NY 12020

High visibility location suitable for restaurant or retail.

Space SizeContact for details
Days on Market190

Property Features for 2639 State Route 9

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1.00
Listing Agency: Signature One Realty Group LLC
Listed By: Lindsay Mele · License #10401327033
Source: Exprealty
Added: Apr 10 Changed: Oct 2 Last Checked: Oct 16 at 2:55PM

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 Signature One Realty Group LLC

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Investment Insights

Based on property information with market context.

This property offers a first-class location with high visibility on Route 9, situated in the heart of Malta. The property includes a parking lot with over 30 spots, with additional overflow parking available. The space is suitable for a bar, restaurant, or entertainment venue. The property size is 3985 square feet. The lease is NNN.

Key Highlights

  • First class location on Route 9 in the heart of Malta.
  • High visibility.
  • Parking lot with over 30 spots plus overflow.

Property Analytics

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Current Use

Restaurants

Suggested Use

Top Pick Dental Office Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12020, NY

34,667
Population
15,787
Households
2.2
Avg Household Size
42
Median Age
43%
College-Educated
94%
High-School Grad
75.6 sq mi
ZIP Area
459
Density / Sq Mi
$101,727
Median Household Income
$59,730
Median Earnings
$1,562
Median Rent
$299,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Restaurant - High visibility location suitable for restaurant or retail.
Where is this restaurant located?
The property is located at 2639 State Route 9 Ballston Spa, NY.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: First class location on Route 9 in the heart of Malta.; High visibility.; Parking lot with over 30 spots plus overflow.
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