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Leased Restaurant Building For Sale
For Sale
$364,823

908 River Street, Troy, NY 12180

Fully leased restaurant building in Troy, NY for sale.

Property Size4,313 SF
Lot Size0.43 Acres
Price / SF$84.59
Days on Market149

Property Features for 908 River Street

General Information

Standard status Active
Size 4,313 SF
Lot size 0.43 Acres
Property subtype Retail
Listing Agency: CBRE | Albany
Listed By: John MacAffer · License #Associate Real Estate Broker
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 8 at 6:30AM

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 CBRE | Albany

Investment Insights

Based on property information with market context.

Offered for sale is a fully leased restaurant building with a size of approximately 4,313 square feet, located in the City of Troy, NY. The property is situated on a site of approximately 0.43 acres and includes approximately 20 parking spaces. The building is leased to The Mediterranean Grill through November 30, 2027. The property features newer roofs, with replacements in 2017 and 2023. The property is located on the corner of River Street and 101st Street.

Key Highlights

  • Fully leased restaurant building providing immediate income.
  • Leased to The Mediterranean Grill through 11/30/2027.
  • ±4,313 SF building on ±0.43 acre site.

Property Analytics

Current Use

Grill Mediterranean Cuisine ... Restaurant MRS.KAYZ Hair Salon Luxury Images Clothing Store Outward Appearances 2 ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon (Bike/Boat/Book/etc) Store Furniture & Home Goods Computer & Electronic Repair

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

325
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 0.2 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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully leased restaurant building in Troy, NY for sale.
Where is this conventional restaurant located?
The property is located at 908 River Street Troy, NY.
What is the asking price?
The asking price for this property is $364,823.
What are key features of this property?
This property features: Fully leased restaurant building providing immediate income.; Leased to The Mediterranean Grill through 11/30/2027.; ±4,313 SF building on ±0.43 acre site.
More about this property
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