Mixed-Use Property with Cannabis
For Sale
Contact for pricing
971 Albany Shaker Rd, Latham, NY 12110
Updated commercial property with documented approval for retail cannabis operations and access shared with a regional food bank.
Property SizeContact for details
Days on Market143
Property Features for 971 Albany Shaker Rd
General Information
Standard status
Active
Property subtype
Mixed Use, Office, Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Ikon Realty Group LLC
(518) 456-5440
Listed By:
Peter VanBortel · License #NY 10301204641
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 7:28PM
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 Ikon Realty Group LLC
Investment Insights
Based on property information with market context.
This mixed-use property at 971 Albany Shaker Rd has undergone substantial cosmetic and structural work. The Town of Colonie previously issued a certificate of occupancy for operation as a retail cannabis facility at the site.
Albany Shaker Road carries traffic counts exceeding 17,000 cars per day, while nearby Troy-Schenectady Road/Route 7 approaches 40,000 cars per day. The property is across from Plug Power and uses a shared entrance with the Regional Food Bank. It is also near the airport, Wolf Road, I-87, and the Colonie and Niskayuna markets.
Albany Shaker Road carries traffic counts exceeding 17,000 cars per day, while nearby Troy-Schenectady Road/Route 7 approaches 40,000 cars per day. The property is across from Plug Power and uses a shared entrance with the Regional Food Bank. It is also near the airport, Wolf Road, I-87, and the Colonie and Niskayuna markets.
Key Highlights
- Certificate of occupancy previously obtained from the Town of Colonie for a retail cannabis facility
- More than 17,000 cars/day counted on Albany Shaker Road
- Traffic on neighboring Troy‑Schenectady Road/Route 7 approaches 40,000 cars/day
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
667
Businesses Nearby
Explore this area
Business Placement
Demographics for 12110, NY
19,682
Population
8,269
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
1,376
Density / Sq Mi
$101,839
Median Household Income
$53,658
Median Earnings
$1,431
Median Rent
$306,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated commercial property with documented approval for retail cannabis operations and access shared with a regional food bank.
Where is this mixed-use property located?
The property is located at 971 Albany Shaker Rd Latham, NY.
What are key features of this property?
This property features: Certificate of occupancy previously obtained from the Town of Colonie for a retail cannabis facility; More than 17,000 cars/day counted on Albany Shaker Road; Traffic on neighboring Troy‑Schenectady Road/Route 7 approaches 40,000 cars/day
