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Three-Story Mixed-Use Retail Building
For Sale
$500,000

867-869 River Street Unit 867-869, Troy, NY 12180

Two established ground-floor businesses transfer with sale, while the upper floors offer open space for future development.

Property Size15,000 SF
Price / SF$33.33
Days on Market142

Property Features for 867-869 River Street Unit 867-869

General Information

Standard status Active
Size 15,000 SF
Property subtype Mixed Use
Zoning R4

Additional Details

Business Included Yes
Clear Height 10 ft

Building Details

Year Built 1970
Stories 3
Listing Agency:
Listed By: Coldwell Banker Prime Properties
Source: Xome
Added: Mar 12 Changed: Jul 10 Last Checked: Jul 16 at 6:41AM

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 totals 15,000+ square feet and includes two established businesses that will transfer with the sale. The first floor is split between a convenience store with a bathroom and plenty of storage, and a laundromat. All equipment and inventory transfer with the building. The second and third floors are wide open and currently set up for new build-out, with 10 ft ceilings throughout and new windows installed on the front second and third floors.

The property is located at 867-869 River Street in Troy, NY, and has views of the Hudson River. It sits across the street from a bus stop, providing direct public-transit adjacency. Zoning is R4.

For tenants, owners, and developers, the ground level supports immediate ongoing operations with the convenience store and laundromat. The upper floors’ open configuration and 10 ft ceiling height are suited to a range of future retail or service-oriented concepts, subject to the property’s zoning requirements and any approvals needed for build-out.

Key Highlights

  • 15,000+ SF three‑story mixed‑use building with two established ground‑floor businesses that transfer with the sale
  • First floor includes a convenience store (with bathroom and storage) plus a laundromat
  • Second and third floors are wide open with 10‑ft ceilings for future development

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Nail Salon Accounting Firm Pharmacy

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

10 ft
Clear height
Turnkey business
Opportunity

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

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

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 - Two established ground-floor businesses transfer with sale, while the upper floors offer open space for future development.
Where is this grocery and convenience store located?
The property is located at 867-869 River Street Unit 867-869 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: 15,000+ SF three‑story mixed‑use building with two established ground‑floor businesses that transfer with the sale; First floor includes a convenience store (with bathroom and storage) plus a laundromat; Second and third floors are wide open with 10‑ft ceilings for future development
More about this property
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