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Mixed-Use Building with Established Businesses
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865 River St, Troy, NY

Three-story building with convenience store, laundromat, and development potential.

Property Size15,000 SF
Lot Size0.11 Acres
Price / SF$33.33
Days on Market604

Property Features for 865 River St

General Information

Standard status Active
Size 15,000 SF
Lot size 0.11 Acres
Property subtype RETAIL
Listing Agency: Coldwell Banker - Prime Properties | Cohoes
Listed By: Joshua Wolin · License #10301221449
Source: Moodyscre
Added: Dec 4, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:29AM

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 | Cohoes

Investment Insights

Based on property information with market context.

This three-story mixed-use building offers over 15,000 square feet of space. The first floor is currently occupied by two established businesses: a convenience store with a bathroom and storage, and a laundromat. Both businesses, including all equipment and inventory, will transfer with the sale of the building. The second and third floors are open and available for development. The building features 10-foot ceilings and R4 zoning. New windows have been installed in the front of the second and third floors. The property is located across the street from a bus stop and offers views of the Hudson River from the upper floors.

Key Highlights

  • Two established businesses (Convenience Store and Laundromat) included for immediate income.
  • Significant development potential with wide‑open 2nd and 3rd floors.
  • All equipment and inventory from existing businesses included.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Nail Salon Accounting Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
5,176 visits/mo 0.4 miles

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • City deli market — 2810 5th Ave #2, Troy, NY 12180
  • 9th Street Store — 67 Middleburgh St, Troy, NY 12180

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Three-story building with convenience store, laundromat, and development potential.
Where is this grocery and convenience store located?
The property is located at 865 River St Troy, NY.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two established businesses (Convenience Store and Laundromat) included for immediate income.; Significant development potential with wide‑open 2nd and 3rd floors.; All equipment and inventory from existing businesses included.
(914) 980-9309 Call to check price and availability
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