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Mixed-Use Corridor Redevelopment Site
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408 First Street, Utica, NY 90013

Retail, office, or redevelopment site on a highly traveled mixed-use corridor with approximately 18,000 vehicles per day.

Property Size11,500 SF
Price / SF$39.13
Days on Market139

Property Features for 408 First Street

General Information

Standard status Active
Size 11,500 SF
Total Parking Spaces 20
Property subtype Office, Retail
Zoning Central Business District
Investment Type Redevelopment

Site & Location

Traffic Count 18,000 vehicles/day
Highway Access Yes
Listing Agency: Pavia Real Estate
Listed By: John Jweid · License #NY 10301208997
Source: Crexi
Added: Apr 29 Changed: Aug 14 Last Checked: Sep 14 at 6:25AM

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 Pavia Real Estate

Investment Insights

Based on property information with market context.

This for-sale property offers a flexible redevelopment opportunity for retail and office uses. The site is positioned along a highly traveled mixed-use corridor and is described as suitable for retail, office, or re-development.

The property is a few blocks from Downtown Utica and the NYS Thruway. Traffic passing the location is estimated at approximately 18,000 ± vehicles per day.

Additional details such as specific building configuration, current improvements, or exact unit breakdown are not provided in the available information.

Key Highlights

  • Retail, office, or redevelopment site on a highly traveled mixed‑use corridor
  • Approximately 18,000 ± vehicles per day pass by the property location

Property Analytics

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Current Use

Boats Unlimited (Bike/Boat/Book/etc) Store Transworld Imports & Exports Importer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic Storage Facility Cosmetic Store 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.

Lease Details

18,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,476
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 46% Hotels & Casinos 29% Shops & Services 24%
Price Rite Groceries
15,260 visits/mo 0.2 miles
DoubleTree by Hilton Utica Hotels & Casinos
5,301 visits/mo 0.3 miles
Fairfield Inn & Suites Utica Hotels & Casinos
4,393 visits/mo 0.5 miles
M&T Bank Shops & Services
3,464 visits/mo 0.4 miles
Citizens Bank Shops & Services
3,011 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail, office, or redevelopment site on a highly traveled mixed-use corridor with approximately 18,000 vehicles per day.
Where is this retail space located?
The property is located at 408 First Street Utica, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Retail, office, or redevelopment site on a highly traveled mixed‑use corridor; Approximately 18,000 ± vehicles per day pass by the property location
(315) 269-4081 Call to check price and availability
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