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Fully Occupied Glens Falls Office
For Sale
$410,000

29 Elm Street, Glens Falls, NY 12801

Three-story office building fully leased through April 2027.

Property Size3,744 SF
Lot Size0.03 Acres
Price / SF$109.51
Days on Market154

Property Features for 29 Elm Street

General Information

Standard status Active
Size 3,744 SF
Lot size 0.03 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,503

Amenities

Central air
Central Air Cooling
Forced Air Heating
On Street
Listing Agency: COLDWELL BANKER COMMERCIAL PRIME PROPERTIES
Listed By: TIMOTHY CANAVAN
Source: Corcoran
Added: Mar 19 Changed: Aug 17 Last Checked: Aug 18 at 5:53AM

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 COLDWELL BANKER COMMERCIAL PRIME PROPERTIES

Investment Insights

Based on property information with market context.

This three-story office building is fully occupied by a credit tenant with a lease agreement in place at $22 per square foot through April 2027. The 3,744 square foot property features a layout consisting of both private offices and cubicle space. A large conference room is located on the second floor. The property is situated across the street from a new 70-unit apartment development and the Glens Falls Farmers Market.

Key Highlights

  • Fully occupied by credit tenant, providing stable income.
  • Lease in place through April 2027 at $22/SF.
  • Mix of private offices and cubical space.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Garden Center Grocery & Convenience Store Veterinary Clinic Computer & Electronic Repair Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,246
Businesses Nearby

Demographics for 12801, NY

14,850
Population
7,287
Households
2
Avg Household Size
40
Median Age
33%
College-Educated
90%
High-School Grad
3.8 sq mi
ZIP Area
3,908
Density / Sq Mi
$70,019
Median Household Income
$46,700
Median Earnings
$1,050
Median Rent
$196,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building fully leased through April 2027.
Where is this office building located?
The property is located at 29 Elm Street Glens Falls, NY.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Fully occupied by credit tenant, providing stable income.; Lease in place through April 2027 at $22/SF.; Mix of private offices and cubical space.
More about this property
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