Historic Mixed-Use Building For
For Lease
Contact for pricing
547 River Street, Troy, NY
Mixed-use building with retail and office spaces in Opportunity Zone.
Space SizeContact for details
Property Size106,301 SF
Days on Market330
Property Features for 547 River Street
General Information
Standard status
Active
Size
106,301 SF
Property subtype
Retail
Building Details
Building Size
106,301 SF
Listing Agency:
Virtual Properties Realty
(518) 489-9199
Listed By:
Pyramid Brokerage Albany · License #375023
(518) 489-9199
Source:
Pyramidbrokerage
Added: Sep 25, 2025
Changed: Aug 20
Last Checked: Aug 20 at 4:26AM
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.
Flanigan Square is a historic mixed-use building situated north of the Waterfront District, within the Flanigan Redevelopment Block. The property offers three available spaces with street retail access and signage. Retail and office users have the opportunity to participate in a major waterfront redevelopment project located within an Opportunity Zone. The location provides direct access to I-787, ample parking, and high foot traffic, making it suitable for retailers. The building, with a total size of 106301 square feet, will also feature four floors of multi-family units above the retail spaces.
Key Highlights
- Prime location north of the Waterfront District with street retail access and signage.
- Part of the Flanigan Redevelopment Block, a major waterfront redevelopment opportunity.
- Located within an Opportunity Zone.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 31%
Hotels & Casinos 10%
Dinosaur Bar-B-Que
Dining
13,805 visits/mo
0.5 miles
Sunoco
Shops & Services
9,685 visits/mo
0.5 miles
SONIC Drive In
Dining
9,012 visits/mo
0.5 miles
Courtyard Albany Troy/Waterfront
Hotels & Casinos
3,662 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
1,095 visits/mo
0.5 miles
Market
Lease Benchmarks for Troy, NY
$13.65 /SF/Yr
Avg Asking Price
$12–$16 /SF/Yr
Price Range
92,897 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with retail and office spaces in Opportunity Zone.
Where is this mixed-use property located?
The property is located at 547 River Street Troy, NY.
What are key features of this property?
This property features: Prime location north of the Waterfront District with street retail access and signage.; Part of the Flanigan Redevelopment Block, a major waterfront redevelopment opportunity.; Located within an Opportunity Zone.
