1594 State St, Schenectady, NY 12304-1502
Woodlawn Plaza, located at 1594 State St in Schenectady, NY 12304, presents a compelling investment opportunity. This 58,005 square foot multi-tenant property, built in 1982, sits on a 6.12-acre lot and is zoned C-5. Currently, 16,000 square feet of space is available for lease, offering flexible options ranging from 10,890 to 27,443 square feet. The property boasts a prime location within a thriving shopping center, featuring excellent visibility and signage opportunities, particularly the former ALDI space at the main entrance. The center benefits from a large parking area and a signalized access point, ensuring convenient access for customers and employees. Strong co-tenancy includes established businesses such as CSL Plasma, Rotterdam-Schenectady Dialysis Center, Domino's Pizza, AutoPart International, Hertz, and Redemption Centers of NY, creating a vibrant and well-established commercial environment. This property is ideal for a variety of retail or office uses, offering significant potential for growth and profitability in the Schenectady market. The property's Schenectady County location provides easy access to major transportation routes and a strong local customer base. This is a rare opportunity to acquire a substantial space in a well-established shopping center with high visibility and strong co-tenancy.
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CSL Plasma Medical Clinic
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Woodlawn Plaza Shopping Center & Mall
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MDT Personnel Employment Agency
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Autopart International Auto Parts Store
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American Renal Associates - Rotterdam-Schenectady Dialysis Center Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
05 - COMMERCIAL · Schenectady, NYSchenectady. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.