Search
Two-Storefront Retail Space
For Lease
$1,600/Mo

347 S Pearl Street, Albany, NY 12202

COMMERCIAL - Albany, NY

Space Size1,600 SF
Days on Market163

Property Features for 347 S Pearl Street

General Information

Property type Commercial Lease
Property subtype Other
Subdivision South End-Groesbeckville Historic District
Directions South Pearl near Alexander Street
Standard status Active
Size 1,600 SF

Amenities

common restroom
Listing Agency: REALTY ONE GROUP KEY
Listed By: Leah Witko · License #10401256547
Added: Mar 9 Changed: Aug 4 Last Checked: Aug 18 at 8:06AM
MLS# 11669663

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 1,600-square-foot commercial space combines two connected storefront areas suitable for either office or retail occupancy. Interior improvements include new LED lighting, newer flooring, and fresh paint. A common restroom is positioned toward the rear of the space.

The property is located at 347 S Pearl Street in Albany, with street parking available. The connected layout provides a practical storefront configuration for an operator seeking adaptable commercial space along South Pearl.

Key Highlights

  • +/- 1600 sf of office or retail storefront space
  • Two connected storefront areas in one commercial space
  • New LED lighting, newer flooring, and new paint

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby
Under-served
Demand for This Use

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

$11.97 /SF/Yr
Avg Asking Price
$1.04–$31.08 /SF/Yr
Price Range
7,853 SF
Avg Space Size

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial space supports office or retail use with updated finishes and shared restroom access.
Where is this storefront property 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 of office or retail storefront space; Two connected storefront areas in one commercial space; New LED lighting, newer flooring, and new paint
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message