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Multi-Tenant Storefront Property
For Sale
Contact for pricing
Pending

50 Elmwood Ave, Gloversville, NY 12078

Two-level commercial building with established restaurant and barber shop tenants, additional storefront area, and available space.

Property Size20,000 SF
Days on Market141

Property Features for 50 Elmwood Ave

General Information

Standard status Pending
Size 20,000 SF
Property subtype Retail, Business for Sale

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Blake, REALTORS Saratoga Springs
Listed By: Charles " Armer · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 11:08PM

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 Berkshire Hathaway HomeServices Blake, REALTORS Saratoga Springs

Investment Insights

Based on property information with market context.

This two-level storefront property contains approximately 20,000 square feet, with about 10,000 square feet on each floor. The building also includes a 1,500-square-foot storefront and a 5,500-square-foot space available following an occupant relocation. Existing commercial occupants include Asian Delight Restaurant and a barber shop under long-term rental arrangements. Newer furnaces and hot water systems serve the spaces.

The property offers approximately 225 feet of visual frontage on 30a and about 220 feet of road frontage along Elmwood Ave. Its combination of leased commercial areas, additional storefront presence, and available interior space supports a range of retail and business configurations within the existing building.

Key Highlights

  • Approximately 20,000‑square‑foot building with 10,000 square feet upstairs and 10,000 square feet downstairs
  • Approximately 225 feet of visual frontage on 30a
  • Approximately 220 feet of road frontage on Elmwood Ave

Property Analytics

Current Use

Asian Delight Restaurant AC/ Revenge Tattoo/ ... Tattoo & Piercing Shop Debi’s Barber Shop Barber Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Parking Lot & Garage Kitchen & Bath Showroom

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12078, NY

23,009
Population
11,668
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
87%
High-School Grad
110.8 sq mi
ZIP Area
208
Density / Sq Mi
$54,565
Median Household Income
$36,769
Median Earnings
$908
Median Rent
$122,400
Median Home Value

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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Similar Off Market Nearby

  • Peck's Flowers 189 5th Ave, Gloversville, NY 12078
  • Central Market Florist 358 N Main St, Gloversville, NY 12078

Frequently Asked Questions

What type of property is this?
Storefront property - Two-level commercial building with established restaurant and barber shop tenants, additional storefront area, and available space.
Where is this storefront property located?
The property is located at 50 Elmwood Ave Gloversville, NY.
What are key features of this property?
This property features: Approximately 20,000‑square‑foot building with 10,000 square feet upstairs and 10,000 square feet downstairs; Approximately 225 feet of visual frontage on 30a; Approximately 220 feet of road frontage on Elmwood Ave
More about this property
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