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Warehouse Conversion with Expansion Potential
For Sale
$2,250,000

5 Elmwood Road, Menands, NY

40,600 sq ft building suitable for warehouse or distribution.

Property Size40,600 SF
Price / SF$55.42
Days on Market330

Property Features for 5 Elmwood Road

General Information

Standard status Active
Size 40,600 SF
Property subtype Industrial

Building Details

Building Size 40,600 SF
Listing Agency: Virtual Properties Realty
Listed By: Pyramid Brokerage Albany · License #419636
Source: Pyramidbrokerage
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: Aug 20 at 4:20AM

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 Virtual Properties Realty

Investment Insights

Based on property information with market context.

The property features an existing 40,600 sq ft building, formerly a bowling alley, that is being converted into warehouse space. The owner offers build-to-suit options. The site allows for expansion. The property has been granted a use variance to operate as a warehousing and distribution facility. Its location provides highway access to areas within the capital region. The property is available for sale or lease.

Key Highlights

  • Strategic location with highway access to all areas of the capital region.
  • Existing 40,600 sq. ft. building on site.
  • Use variance granted for warehousing and distribution facility.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Parking Lot & Garage Electrical 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.

Location Intelligence

Trade Area within ½ mile

231
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - 40,600 sq ft building suitable for warehouse or distribution.
Where is this warehouse located?
The property is located at 5 Elmwood Road Menands, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Strategic location with highway access to all areas of the capital region.; Existing 40,600 sq. ft. building on site.; Use variance granted for warehousing and distribution facility.
More about this property
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