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Single-Story NNN Strip Mall
For Sale
$3,750,000

605 Fifth Avenue, Pelham, NY 10803

Commercial Sale, Pelham, NY

Property SizeContact for details
Lot Size0.38 Acres
Days on Market51

Property Features for 605 Fifth Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning BAC3
Elementary school district Pelham
Middle school district Pelham
High school district Pelham
Standard status Active
APN 4403-159-077-00001-000-0028-1
Lot size 0.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 58759

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1998
Building materials Brick
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Raymond Poppe
Added: Jul 10 Changed: Aug 20 Last Checked: Aug 29 at 10:06AM
MLS# 1025564

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This detached, single-story strip mall was built in 1998 and contains 5,280+ square feet of gross building area. The property is configured as three fully leased NNN retail stores, with a bathroom serving each store. Brick construction, forced-air heating, central air, public water, public sewer, and natural gas availability are reported for the property.

The site is located at 605 Fifth Avenue in Pelham, at the corner of 5th Avenue and 7th Street. It includes 27 off-street parking spaces and is approximately 15 miles from Manhattan. Pelham’s downtown area includes cafes, restaurants, shops, fitness centers, medical offices, professional services, and a public library, providing a range of nearby community-oriented amenities.

Key Highlights

  • Three fully leased NNN retail stores
  • 5,280+ SF gross building area
  • 27 off‑street parking spots

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Tech Support Center Real Estate Agency Hotel & Motel Locksmith

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

897
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 74% Dining 20% Electronics 6%
Mobil Shops & Services
12,732 visits/mo 0.4 miles
TD Bank Shops & Services
8,802 visits/mo 0.3 miles
Dunkin' Donuts Dining
8,319 visits/mo 0.4 miles
BP Shops & Services
5,508 visits/mo 0.5 miles
Shell Shops & Services
3,683 visits/mo 0.4 miles

Demographics for 10803, NY

13,255
Population
4,360
Households
3
Avg Household Size
40
Median Age
74%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
6,025
Density / Sq Mi
$212,288
Median Household Income
$97,447
Median Earnings
$2,242
Median Rent
$961,300
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Detached retail property with three fully leased stores, individual bathrooms, and off-street parking.
Where is this strip mall located?
The property is located at 605 Fifth Avenue Pelham, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Three fully leased NNN retail stores; 5,280+ SF gross building area; 27 off‑street parking spots
More about this property
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