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Versatile Commercial Space For Lease
For Lease
$4,750/Mo

8 Nolan Road, Albany, NY 12205

3600 sq ft space ideal for various commercial uses.

Space SizeContact for details
Lot Size0.50 Acres
Days on Market345

Property Features for 8 Nolan Road

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $18,900

Amenities

Central air
Accessible Garage
Central Air Cooling
Concrete Flooring
Flat Roof
Forced Air Heating
Level
Natural Gas Heating

Building Details

Year Built 1958
Listing Agency: THE PEOPLE'S REAL ESTATE GROUP
Listed By: ALI D KHAN
Source: Corcoran
Added: Sep 3, 2025 Changed: Aug 11 Last Checked: Aug 12 at 7:36AM

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 THE PEOPLE'S REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This 3600 sq ft commercial space is available for lease in a prime location near the Northway, across from Colonie Center Mall. The property is suitable for warehouse, office, retail, fitness center, manufacturing, or mixed-use purposes. It features a large garage access door for deliveries or services, along with separate utilities and a dedicated bathroom with a shower. The building has recently undergone extensive renovations, including a complete paint job for the exterior and interior common spaces, updated bathrooms, HVAC system improvements, and a freshly paved asphalt parking lot. The property offers a convenient location, ample parking, and flexible spaces for mixed-use applications. Possession is available starting January 1, 2026.

Key Highlights

  • Prime location near the Northway and Colonie Center Mall.
  • Versatile 3600 Sq/Ft space suitable for warehouse, office, retail, fitness, manufacturing, or mixed‑use.
  • Large garage access door for easy deliveries and services.**

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Plumbing Service Real Estate Agency Veterinary Clinic Law Firm Daycare Center Catering Service

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
$2.37 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

Lease Benchmarks for Albany, NY

$11.42 /SF/Yr
Avg Asking Price
$4.19–$15.83 /SF/Yr
Price Range
16,849 SF
Avg Space Size

This space is priced 39% above the average of $11.42 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 3600 sq ft space ideal for various commercial uses.
Where is this mixed-use property located?
The property is located at 8 Nolan Road Albany, NY.
What is the lease rate?
The lease rate is $4,750/Mo.
What are key features of this property?
This property features: Prime location near the Northway and Colonie Center Mall.; Versatile 3600 Sq/Ft space suitable for warehouse, office, retail, fitness, manufacturing, or mixed‑use.; Large garage access door for easy deliveries and services.**
More about this property
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