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Mixed-Use Property with Original Woodwork
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444 Glen Street, Glens Falls, NY 12801

The first-floor commercial space features high ceilings, hardwood floors, large windows, and a decorative fireplace.

Property Size6,687 SF
Price / SF$0.30
Days on Market117

Property Features for 444 Glen Street

General Information

Standard status Active
Size 6,687 SF
Property subtype Mixed Use

Building Details

Year Built 1950
Listing Agency: Realize Brokers
Listed By: Joanne DiMarco · License #10301212597
Source: Simplywoodardrealestate
Added: Jul 9 Changed: Nov 1 Last Checked: Nov 1 at 2:52PM

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 Realize Brokers

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Investment Insights

Based on property information with market context.

At 444 Glen Street in Glens Falls, this mixed-use property includes 6,687 square feet and dates to 1950. Its first-floor commercial space has hardwood floors, detailed woodwork and moldings, paneled walls, high ceilings, large windows, and a decorative fireplace.

The layout is described as suitable for professional office, boutique retail, wellness, salon, gallery, specialty retail, consulting, and other client-facing services.

Key Highlights

  • 6,687 square feet in a mixed‑use property built in 1950
  • First‑floor commercial space with hardwood floors and original woodwork
  • High ceilings, paneled walls, detailed moldings, large windows, and a decorative fireplace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,596
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,920 $1.3M
Cap Rate 7%
$922,800 $922.8K
Cap Rate 9%
$717,733 $717.7K
Market Conditions
NOI Build-Up for 6,687 SF
Gross rent
$100.3K $15.00/SF
− Vacancy
−$8.0K −$1.20/SF
EGI
$92.3K $13.80/SF
− OpEx
−$27.7K −$4.14/SF
NOI
$64.6K $9.66/SF
Area
Warren County, NY
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,920
Cap Rate 7%
$922,800
Cap Rate 9%
$717,733

Alternative Uses

Best Use
Mixed Use
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $83,053 @ 7.0% cap · market cap 4,152.65%
Second Best
Retail
$922.8K
$807.5K – $1.08M (±1% cap)
NOI $64,596 @ 7.0% cap · market cap 3,229.80%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,106 @ 7.0% cap · market cap 7,005.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Matte & Nenninger PC Law Firm Matte & Nenninger PC: ... Law Firm

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Computer & Electronic Repair Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,842
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Cumberland Farms Shops & Services
9,059 visits/mo 0.2 miles
Lukoil Shops & Services
2,097 visits/mo 0.4 miles

Demographics for 12801, NY

14,850
Population
7,287
Households
2
Avg Household Size
40
Median Age
33%
College-Educated
90%
High-School Grad
3.8 sq mi
ZIP Area
3,908
Density / Sq Mi
$70,019
Median Household Income
$46,700
Median Earnings
$1,050
Median Rent
$196,000
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 Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The first-floor commercial space features high ceilings, hardwood floors, large windows, and a decorative fireplace.
Where is this mixed-use property located?
The property is located at 444 Glen Street Glens Falls, NY.
What are key features of this property?
This property features: 6,687 square feet in a mixed‑use property built in 1950; First‑floor commercial space with hardwood floors and original woodwork; High ceilings, paneled walls, detailed moldings, large windows, and a decorative fireplace
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