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    OFF-MARKET
    Retail properties & Spaces

    412 Broadway, Albany, NY 12207

    2,000 SF 0.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional business opportunity presents a well-established retail space at 412 Broadway in Albany, New York. Located in Albany County, this property boasts a prime location with high visibility and foot traffic. The 2,000 square foot building sits on a 0.22-acre lot and is zoned C3, offering flexibility for a variety of commercial uses. Currently operating as a general store, the business is turnkey and includes all fixtures and inventory. The asking price is $160,000, translating to $80 per square foot. The property consists of one building with one unit, making it an ideal investment for a single owner-operator or a small business looking to expand. The property's address is 412 Broadway, Albany, NY 12207. The Assessed Parcel Number (APN) is 76.42-3-36. This is a rare chance to acquire a profitable, established business in a desirable location with significant growth potential. The current business model focuses on curated craftsmanship, artisanal foods, locally crafted homewares, and unique gifts, offering a strong foundation for continued success. This turnkey operation is ready for immediate ownership and presents a unique opportunity for an entrepreneur seeking a profitable venture in a vibrant community. The property's location provides excellent access to major transportation routes and a dense population base.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,000 SF
    Lot 0.22 ac (9,583 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Argus Apartments Apartment Complex
    • 3 Guys Handyman Hardware & Home Improvement General Contractor
    • The Vandy Shoppe Discount Store
    • Fort Orange General Store (Bike/Boat/Book/etc) Store
    • 412 Broadway Albany NY Apartment Building
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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