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

867 River St, Troy, NY 12180

Three-story mixed-use building with established convenience store and laundromat on the first floor plus open upper levels.

Property Size15,000 SF
Price / SF$33.33
Days on Market49

Property Features for 867 River St

General Information

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

Additional Details

Business Included Yes
Clear Height 10 ft

Building Details

Stories 3
Listing Agency: Coldwell Banker Prime Properties
Listed By: Joshua Wolin · License #10301221449
Source: Commercialcafe
Added: Jul 13 Changed: Aug 27 Last Checked: Aug 30 at 12:55PM

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 15,000+ square foot three-story mixed-use building includes two established businesses that will transfer with the sale. The first floor is split between a convenience store with a bathroom and ample storage, and a laundromat on the other half. The 2nd and 3rd floors are wide open and ready for development, and all equipment and inventory will transfer with the sale.

The building has 10 ft ceilings, with front second- and third-floor windows that have been newly installed. The upper floors offer views of the Hudson River, and the property is located across the street from a bus stop.

Zoned R4, the second and third levels provide flexible, unfinished space that can be adapted for a new use plan while maintaining active retail operations on the ground floor.

Key Highlights

  • 15,000+ SF, three‑story mixed‑use building with two established businesses transferring with the sale
  • First‑floor convenience store includes a bathroom and plenty of storage; laundromat on the other half
  • Equipment and inventory transfer with the sale; upper 2nd and 3rd floors are wide open for development

Property Analytics

Current Use

River Store Grocery & Convenience Store

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 - Three-story mixed-use building with established convenience store and laundromat on the first floor plus open upper levels.
Where is this grocery and convenience store located?
The property is located at 867 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: 15,000+ SF, three‑story mixed‑use building with two established businesses transferring with the sale; First‑floor convenience store includes a bathroom and plenty of storage; laundromat on the other half; Equipment and inventory transfer with the sale; upper 2nd and 3rd floors are wide open for development
More about this property
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