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South Pearl Street Storefront Space
For Lease
$1,600/Mo

347 S Pearl Street, Albany, NY 12202

Office or retail storefront space available on South Pearl.

Property Size4,800 SF
Days on Market141

Property Features for 347 S Pearl Street

General Information

Standard status Active
Size 4,800 SF
Property subtype Commercial

Building Details

Year Built 1940
Listing Agency: REALTY ONE GROUP KEY
Listed By: JACOB TEDFORD
Source: Corcoran
Added: Mar 13 Changed: Jul 10 Last Checked: Jul 30 at 9:41AM

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 REALTY ONE GROUP KEY

Investment Insights

Based on property information with market context.

This property offers approximately 1600 square feet of space suitable for either office or retail storefront use. The space is located on South Pearl Street in Albany. The interior features new LED lighting, newer flooring, and new paint. The layout includes two connected storefronts. A common restroom is located in the back of the property. Street parking is available.

Key Highlights

  • +/- 1600 SF storefront space suitable for office or retail use.
  • Located on South Pearl in Albany.
  • Features two connected storefronts.

Property Analytics

Current Use

Albany County Opportunity ... Social Service Agency AVillage Charitable Organization

Suggested Use

Top Pick Plumbing Service Carpet & Flooring Store Skin Care Clinic Florist (Bike/Boat/Book/etc) Store Pet Grooming 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.

Lease Details

NNN (Triple Net)
Lease Type
$0.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby

Demographics for 12202, NY

10,257
Population
5,434
Households
1.9
Avg Household Size
34
Median Age
33%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
5,129
Density / Sq Mi
$49,684
Median Household Income
$34,656
Median Earnings
$1,012
Median Rent
$139,800
Median Home Value

Market

Lease Benchmarks for Albany, NY

$13.51 /SF/Yr
Avg Asking Price
$0.66–$25 /SF/Yr
Price Range
29,771 SF
Avg Space Size

This space is priced 70% below the average of $13.51 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office or retail storefront space available on South Pearl.
Where is this office units located?
The property is located at 347 S Pearl Street Albany, NY.
What is the lease rate?
The lease rate is $1,600 /Mo.
What are key features of this property?
This property features: +/- 1600 SF storefront space suitable for office or retail use.; Located on South Pearl in Albany.; Features two connected storefronts.
More about this property
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