Mixed-Use Retail Building
For Sale
$500,000
867-869 River Street, Troy, NY 12180
Three-story mixed-use building with established convenience store and laundromat plus flexible upper-floor development space.
Property Size15,000 SF
Price / SF$33.33
Days on Market198
Property Features for 867-869 River Street
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Commercial
Zoning
R4
Additional Details
Business Included
Yes
Clear Height
10 ft
Building Details
Year Built
1970
Stories
3
Tenancy
Multi
Listing Agency:
Coldwell Banker Prime Properties
Listed By:
Joshua Wolin
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Feb 3
Changed: Aug 14
Last Checked: Aug 14 at 6:09AM
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 three-story mixed-use building offers more than 15,000 square feet and is currently supported by two established businesses that will transfer with the sale. The first floor is split between a convenience store, including a bathroom and ample storage, and a laundromat. The second and third floors are wide open and ready for development, with all equipment and inventory also transferring with the sale.
The building features 10-foot ceilings and is located across the street from a bus stop. The upper floors include views of the Hudson River, and new windows have been installed on the front second and third floors.
With R4 zoning and largely open upper levels, the property can support a tenant mix that benefits from active street-level operations while providing room for additional uses above. For buyers and operators, the existing convenience store and laundromat provide an immediate operating base, while the upper floors offer space to customize layout for a new concept consistent with R4 zoning.
The building features 10-foot ceilings and is located across the street from a bus stop. The upper floors include views of the Hudson River, and new windows have been installed on the front second and third floors.
With R4 zoning and largely open upper levels, the property can support a tenant mix that benefits from active street-level operations while providing room for additional uses above. For buyers and operators, the existing convenience store and laundromat provide an immediate operating base, while the upper floors offer space to customize layout for a new concept consistent with R4 zoning.
Key Highlights
- Three‑story mixed‑use building totaling 15,000+ SF (built in 1970) with established convenience store and laundromat
- First floor includes a convenience store with bathroom and storage, plus a laundromat
- 2nd and 3rd floors are wide open and ready for development, with 10‑ft ceilings
Property Analytics
Property Profile
Current Use
Lease Details
10 ft
Clear height
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
5,176 visits/mo
0.4 miles
Demographics for 12180, NY
55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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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 mixed-use building with established convenience store and laundromat plus flexible upper-floor development space.
Where is this grocery and convenience store located?
The property is located at 867-869 River Street 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: Three‑story mixed‑use building totaling 15,000+ SF (built in 1970) with established convenience store and laundromat; First floor includes a convenience store with bathroom and storage, plus a laundromat; 2nd and 3rd floors are wide open and ready for development, with 10‑ft ceilings
