Two-Unit Retail Strip
For Sale
Contact for pricing
Pending
44 Sherwood Ave, Rensselaer, NY 12144
Two-unit retail strip center with one leased unit and one vacant restaurant space needing TLC.
Property SizeContact for details
Days on Market149
Property Features for 44 Sherwood Ave
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
50%
Building Details
Tenancy
Multi
Listing Agency:
Wagner Real Estate Group
Listed By:
Philip Wagner · License #10491211947
(518) 378-5741
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Sep 5 at 9:54AM
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 Wagner Real Estate Group
Investment Insights
Based on property information with market context.
This two-unit retail strip center offers a mix of income and occupancy flexibility, including one unit currently rented under a two-year lease and a second unit that is vacant and configured as a restaurant. The vacant space is described as needing TLC, providing an opportunity for a buyer to refresh and re-tenant the unit.
The property is located at 44 Sherwood Ave in Rensselaer, NY.
The property is located at 44 Sherwood Ave in Rensselaer, NY.
Key Highlights
- Two‑unit retail strip center
- One unit is currently rented on a two‑year lease
- Second unit is a vacant restaurant space in need of TLC
Property Analytics
Property Profile
Current Use
Lease Details
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
Demographics for 12144, NY
21,277
Population
10,474
Households
2
Avg Household Size
40
Median Age
38%
College-Educated
93%
High-School Grad
18.3 sq mi
ZIP Area
1,163
Density / Sq Mi
$88,357
Median Household Income
$51,893
Median Earnings
$1,379
Median Rent
$235,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Two-unit retail strip center with one leased unit and one vacant restaurant space needing TLC.
Where is this strip mall located?
The property is located at 44 Sherwood Ave Rensselaer, NY.
What are key features of this property?
This property features: Two‑unit retail strip center; One unit is currently rented on a two‑year lease; Second unit is a vacant restaurant space in need of TLC
