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Commercial Building and Vacant Lot
For Sale
$550,000

540 River Street, Troy, NY 12180

Three-story commercial building and vacant lot in growing neighborhood.

Property Size9,135 SF
Price / SF$60.21
Days on Market191

Property Features for 540 River Street

General Information

Standard status Active
Size 9,135 SF
Property subtype Mixed Use

Building Details

Building Size 9,135 SF
Listing Agency: Pyramidbrokerage
Listed By: Pyramid Brokerage Albany
Source: Pyramidbrokerage
Added: Mar 25 Changed: Oct 1 Last Checked: Oct 1 at 8:07AM

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 Pyramidbrokerage

Investment Insights

Based on property information with market context.

Offered for sale is a three-story commercial brick building with ±9,135 square feet and a vacant lot located in a growing neighborhood just north of downtown Troy, NY. The property is situated on Route 4 (River Street), between Hoosick Street and Vanderheyden Street, across from Flanagan Square and adjacent to Bargain Grocery. Currently built out as a private club and gym, the building can be sold alone or with the lot; however, the lot cannot be sold alone unless the building is already sold. The lot is separated from the River Street building by a public road. The property provides ±25 parking spaces and is in close proximity to I-787. The third floor has never been built out.

Key Highlights

  • ±9,135 SF three‑story commercial brick building in a growing neighborhood near downtown Troy, NY.
  • Includes ±25 parking spaces.
  • High‑visibility location on Route 4 (River Street), adjacent to Bargain Grocery and across from Flanagan Square.

Property Analytics

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Current Use

River Street Club Spa & Massage Center

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Veterinary Clinic Pharmacy HVAC Service Storage Facility

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

1,878
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

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  • Divine Sisterhood — 270 River St Suite 203, Troy, NY 12180
  • Shala Of Troy — 19 3rd St, Troy, NY 12180

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Three-story commercial building and vacant lot in growing neighborhood.
Where is this fitness center & gym located?
The property is located at 540 River Street Troy, NY.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: ±9,135 SF three‑story commercial brick building in a growing neighborhood near downtown Troy, NY.; Includes ±25 parking spaces.; High‑visibility location on Route 4 (River Street), adjacent to Bargain Grocery and across from Flanagan Square.
More about this property
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