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Versatile Commercial Space For Lease
For Lease
$3,000/Mo

8 Nolan Road, Colonie, NY 12205

Commercial space for office, retail, fitness, manufacturing, or mixed-use.

Space SizeContact for details
Lot Size0.50 Acres
Days on Market352

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 PEOPLES REAL ESTATE GROUP
Listed By: ALI D KHAN
Source: Corcoran
Added: Sep 3, 2025 Changed: Aug 20 Last Checked: Aug 20 at 4:52AM

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 PEOPLES REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This 2600 square foot commercial space is available for lease in a prime location near the Northway, situated at 8 Nolan Rd, across from Colonie Center Mall. The space is suitable for office, retail, fitness center, manufacturing, or mixed-use purposes. It features separate, energy-efficient utilities and two dedicated bathrooms with showers. The unit also boasts high ceilings. The building has recently undergone extensive renovations, including a complete paint job for both the exterior and interior common spaces, updated bathrooms, HVAC system improvements, and a newly paved asphalt parking lot. The location offers convenient access and ample parking.

Key Highlights

  • Prime location near the Northway and Colonie Center Mall.
  • Versatile 2600 Sq/Ft space suitable for office, retail, fitness, manufacturing, or mixed‑use.
  • Recently renovated with new paint (interior and exterior), updated bathrooms, and HVAC improvements.

Property Analytics

Current Use

Fitness centers & gyms

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
$2.08 /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 Colonie, 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 21% 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space for office, retail, fitness, manufacturing, or mixed-use.
Where is this mixed-use property located?
The property is located at 8 Nolan Road Colonie, NY.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Prime location near the Northway and Colonie Center Mall.; Versatile 2600 Sq/Ft space suitable for office, retail, fitness, manufacturing, or mixed‑use.; Recently renovated with new paint (interior and exterior), updated bathrooms, and HVAC improvements.
More about this property
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