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Mixed-Use Commercial Space
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80 Main Street #4, Queensbury, NY 12804

Street-level commercial space sits within a newer residential community with customer parking and access near I-87.

Property Size25,539 SF
Price / SF$0.06
Days on Market120

Property Features for 80 Main Street #4

General Information

Standard status Active
Size 25,539 SF
Property subtype Mixed Use

Additional Details

Highway Access Yes
Property Use Office

Building Details

Year Built 2023
Listing Agency: Realize Brokers
Listed By: Joanne DiMarco · License #10301212597
Source: Simplywoodardrealestate
Added: Jul 6 Changed: Nov 1 Last Checked: Nov 1 at 3:44PM

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 Realize Brokers

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Commercial space at 80 Main Street #4 is part of a mixed-use development that includes luxury apartments. The property was built in 2023 and has storefront visibility and parking for customers.

The site is near I-87 Exit 18 and provides access to downtown Glens Falls. Glens Falls Hospital, downtown dining and shops, arts and entertainment, and Lake George are also identified as nearby destinations.

Key Highlights

  • Built in 2023
  • Located at 80 Main Street #4, Queensbury, NY 12804
  • Near I‑87 Exit 18

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$246,707
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,934,140 $4.9M
Cap Rate 7%
$3,524,386 $3.5M
Cap Rate 9%
$2,741,189 $2.7M
Market Conditions
NOI Build-Up for 25,539 SF
Gross rent
$383.1K $15.00/SF
− Vacancy
−$30.6K −$1.20/SF
EGI
$352.4K $13.80/SF
− OpEx
−$105.7K −$4.14/SF
NOI
$246.7K $9.66/SF
Area
Warren County, NY
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,934,140
Cap Rate 7%
$3,524,386
Cap Rate 9%
$2,741,189

Alternative Uses

Best Use
Mixed Use
$4.53M
$3.96M – $5.29M (±1% cap)
NOI $317,194 @ 7.0% cap · market cap 21,146.27%
Second Best
Retail
$3.52M
$3.08M – $4.11M (±1% cap)
NOI $246,707 @ 7.0% cap · market cap 16,447.13%
Theoretical Best
Office A
$7.64M
$6.69M – $8.92M (±1% cap)
NOI $535,093 @ 7.0% cap · market cap 35,672.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Fraternal Order of Eagles Volunteer Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Skin Care Clinic HVAC Service Bakery

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
95k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 38% Hotels & Casinos 5%
McDonald's Dining
34,498 visits/mo 0.5 miles
Dunkin' Donuts Dining
14,393 visits/mo 0.4 miles
Cumberland Farms Shops & Services
14,255 visits/mo 0.2 miles
Dollar General Shops & Services
10,067 visits/mo 0.2 miles
Speedway Shops & Services
6,829 visits/mo 0.1 miles

Demographics for 12804, NY

27,790
Population
13,287
Households
2.1
Avg Household Size
47
Median Age
39%
College-Educated
94%
High-School Grad
54.7 sq mi
ZIP Area
508
Density / Sq Mi
$90,074
Median Household Income
$50,368
Median Earnings
$1,209
Median Rent
$284,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level commercial space sits within a newer residential community with customer parking and access near I-87.
Where is this mixed-use property located?
The property is located at 80 Main Street #4 Queensbury, NY.
What are key features of this property?
This property features: Built in 2023; Located at 80 Main Street #4, Queensbury, NY 12804; Near I‑87 Exit 18
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Includes: Price & PSF · Cap rate · Location · Zoning

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