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Restaurant and Lounge with Patio
New
For Lease
$199,000

350 Northern Boulevard, Albany, NY 12204

Commercial Lease, Albany, NY

Space Size2,665 SF
Lot Size3.25 Acres
Days on Market1

Property Features for 350 Northern Boulevard

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Parking 300
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions Head to I-87 South (the Northway). Take the Northway south to I-90 East toward Albany and Boston. From I-90, take Exit 6 onto I-787 North toward Troy and Watervliet. Follow 787 North to the Northern Boulevard exit, and Loudon Plaza is right there on Northern Blvd, next to the Samaritan Hospital Albany Memorial campus. The plaza entrance and parking are on your left as you come up Northern Blvd.
Standard status Active
APN 010100 65.7-3-24
Size 61,044 SF
Lot size 3.25 Acres

Taxes and HOA fees

Tax Annual Amount 135000

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2026
Floors in Building 1
Building materials Block
Roof type Flat, Rubber
Listing Agency: Hanna Commercial
Listed By: Philip Sabatino · License #10401299525
Added: Sep 18 Last Checked: Sep 18 at 11:06AM
MLS# 202626419

Copyright © 2026 Global MLS, Inc. 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.

Restaurant and lounge space at Loudon Plaza features a 2,665-square-foot layout with a front lounge, main dining room, private dining room, upscale restrooms, and a covered patio. Interior finishes include a granite bar, crystal chandeliers, marble tables, velvet banquettes, and black-and-gold detailing. Brand-new, never-used equipment is included with the buildout, providing an existing foundation for a restaurant or lounge concept.

The property occupies 3.25 acres at 350 Northern Boulevard in Albany, near Albany Memorial Hospital and the Albany/Loudonville border. Approximately 300 parking spaces serve the plaza, with access to I-90, I-787, and I-87. Public water and public sewer serve the property, which also has natural gas heat and central air conditioning.

Key Highlights

  • 2,665‑square‑foot restaurant and lounge layout
  • Brand‑new, never‑used equipment included with the buildout
  • Front lounge, main dining room, private dining room, and covered patio

Property Analytics

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Current Use

Kriss Kriss Brignola Law Firm Levy David Law Firm SG Insurance Insurance Agency TSI Staffing Services Employment Agency Busy Day Courier Service

Suggested Use

Top Pick Spa & Massage Center Nail Salon Real Estate Agency Hair Salon HVAC Service Grocery & Convenience 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 87% Shops & Services 13%
Dunkin' Donuts Dining
7,464 visits/mo 0.1 miles
Trustco Bank Shops & Services
1,153 visits/mo 0.1 miles

Demographics for 12204, NY

7,818
Population
4,290
Households
1.8
Avg Household Size
37
Median Age
39%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
1,907
Density / Sq Mi
$75,197
Median Household Income
$48,911
Median Earnings
$1,294
Median Rent
$226,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant space offers multiple dining areas, a covered patio, and approximately 300 parking spaces.
Where is this conventional restaurant located?
The property is located at 350 Northern Boulevard Albany, NY.
What is the lease rate?
The lease rate is $199,000.
What are key features of this property?
This property features: 2,665‑square‑foot restaurant and lounge layout; Brand‑new, never‑used equipment included with the buildout; Front lounge, main dining room, private dining room, and covered patio
More about this property
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