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Downtown Glens Falls Retail/Office Suite
For Lease
$15 SF/Yr

71 Bay Street, Glens Falls, NY 12801

Retail/office suite in downtown Glens Falls with parking.

Space SizeContact for details
Days on Market149

Property Features for 71 Bay Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Albany
Listed By: Craig Darby · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Aug 14 Last Checked: Aug 19 at 6:39AM

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 CBRE | Albany

Investment Insights

Based on property information with market context.

Available for lease is a ±1,300 SF retail/office suite within a larger, ±4,385 SF building located in Downtown Glens Falls. The property is situated on Bay Street, between May Street and East Washington Street. It benefits from great signage on Bay Street. The location is proximate to many amenities and commercial users, including Cumberland Farms, Westfall Vision, Trustco Bank, Siam Thai Sushi, Tres Mijas Mexican Restaurant, The Queensbury Hotel, Pure n’ Simple Health Food Store, and SPoT Coffee. The property includes ±2 off-street parking spaces, as well as street parking available on both sides of Bay Road. It is located approximately 62 ft from the bus stop at the corner of Bay Street and May Street and within half a mile of a municipal parking lot.

Key Highlights

  • Prime downtown Glens Falls location
  • High visibility with great signage on Bay Street
  • Proximate to numerous amenities and commercial businesses

Property Analytics

Current Use

Antiques N This ... Home Decor Store

Suggested Use

Top Pick Auto Parts Store Garden Center HVAC Service Grocery & Convenience Store Cafe & Coffee Shop Computer & Electronic Repair

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,199
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 66% Shops & Services 34%
Burger King Dining
23,611 visits/mo 0.4 miles
Cumberland Farms Shops & Services
9,059 visits/mo 0.1 miles
Lukoil Shops & Services
2,097 visits/mo 0.3 miles
NBT Bank Shops & Services
1,269 visits/mo 0.4 miles

Demographics for 12801, NY

14,850
Population
7,287
Households
2
Avg Household Size
40
Median Age
33%
College-Educated
90%
High-School Grad
3.8 sq mi
ZIP Area
3,908
Density / Sq Mi
$70,019
Median Household Income
$46,700
Median Earnings
$1,050
Median Rent
$196,000
Median Home Value

Market

Lease Benchmarks for Glens Falls, NY

$11.32 /SF/Yr
Avg Asking Price
$0.67–$20 /SF/Yr
Price Range
16,499 SF
Avg Space Size

This space is priced 33% above the average of $11.32 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail/office suite in downtown Glens Falls with parking.
Where is this retail space located?
The property is located at 71 Bay Street Glens Falls, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime downtown Glens Falls location; High visibility with great signage on Bay Street; Proximate to numerous amenities and commercial businesses
More about this property
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