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Versatile Commercial Space in Albany
For Lease
$3,500/Mo

77 N Lake Avenue, Albany, NY 12206

High-visibility Albany location suitable for various business uses.

Space SizeContact for details
Lot Size0.05 Acres
Days on Market164

Property Features for 77 N Lake Avenue

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,961

Amenities

Central air
Natural Gas Heating
On Street
Road Frontage
Tile Flooring
Vinyl Flooring
Wall Unit(s) Cooling

Building Details

Year Built 1920
Listing Agency: COLDWELL BANKER PRIME PROPERTIES
Listed By: AMANDA HALEY
Source: Corcoran
Added: Mar 6 Changed: Aug 16 Last Checked: Aug 16 at 5:42AM

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 COLDWELL BANKER PRIME PROPERTIES

Investment Insights

Based on property information with market context.

This commercial space, located at 77 N Lake Avenue in Albany, New York, offers a versatile layout suitable for a variety of business uses. The property is situated in a high-visibility location with steady traffic and excellent street exposure. The space is suitable for a restaurant, convenience store, café, or retail operation. It features a functional kitchen area, dedicated office space, and a flexible layout. The property is located in a busy neighborhood, providing excellent accessibility for both customers and employees. The property size is 2472 square feet.

Key Highlights

  • High‑visibility location on N Lake Ave in Albany.
  • Versatile space suitable for restaurant, convenience store, café, or retail.
  • Functional kitchen area included.

Property Analytics

Current Use

Linda's Market Grocery & Convenience Store Mackeys Corner Store ... Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Acupuncture Kitchen & Bath Showroom Furniture & Home Goods

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,817
Businesses Nearby
56k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Shops & Services 47%
McDonald's Dining
17,748 visits/mo 0.2 miles
Burger King Dining
11,928 visits/mo 0.4 miles
Exxon Shops & Services
7,137 visits/mo 0.3 miles
Family Dollar Shops & Services
6,766 visits/mo 0.5 miles
Sunoco Shops & Services
5,929 visits/mo 0.2 miles

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value

Market

Lease Benchmarks for Albany, NY

$13.55 /SF/Yr
Avg Asking Price
$1.04–$34 /SF/Yr
Price Range
10,188 SF
Avg Space Size

This space is priced 25% above the average of $13.55 /SF/Yr.

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility Albany location suitable for various business uses.
Where is this retail space located?
The property is located at 77 N Lake Avenue Albany, NY.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: High‑visibility location on N Lake Ave in Albany.; Versatile space suitable for restaurant, convenience store, café, or retail.; Functional kitchen area included.
More about this property
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