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    Albany, NY Retail Properties & Spaces for Sale

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    Downtown Albany Mixed-Use Investment
    Updated: Mar 31
    Downtown Albany Mixed-Use Investment

    82 N Pearl Street, Albany, NY 12207

    $1,190,000
    10,085 sqft
    Fully Leased Mixed‑Use Building: Generates immediate income with five apartments and two retail spaces.
    Prime Downtown Albany Location: High visibility at the corner of North Pearl and Columbia Streets with excellent foot traffic.
    Renovated Historic Building: Constructed in 1850 and thoughtfully renovated in 2020, blending historic charm with modern updates.
    Strong Rental History: Demonstrates a proven track record of successful tenant occupancy and income generation.
    MU‑DT Zoning: Offers flexibility for various commercial and residential uses.
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    This listing looks promising.

    Here's a quick look at some key insights for

    82 N Pearl Street, Albany, NY 12207

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $103K
      Annual

    • Mortgage

      $1.8M
      Aug 2019

    • Last Sold

      Aug 2019
      $510K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1850
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    Automotive Service Business for Sale
    Updated: Jan 19
    Automotive Service Business for Sale

    368 Central Avenue, Albany, NY 12206

    $1,500,000
    16,420 sqft 0.86 AC lot
    Business sale includes FF&E and inventory of Watkins Spring Co. Inc., established with over 100 years of experience
    Includes business with over 4,000 accounts
    Heavy duty truck suspension services business in the Capital District
    Buyer to sign NDA and provide proof of funds for showings
    Owner also has a separate listing for sale of the real estate and will consider lease of property with option to purchase
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    Automotive Service and Workshop
    Automotive Service and Workshop

    368 Central Avenue, Albany, NY 12206

    $2,450,000
    16,420 sqft 0.86 AC lot

    For-sale package combining real estate with an established heavy-duty truck suspension service business.

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    Auto Body Repair with Garage Rentals
    Auto Body Repair with Garage Rentals

    467 Jay Street, Albany, NY 12203

    $180,000
    5,220 sqft 0.12 AC lot

    Established auto body repair shop plus separate office and multiple garage/storage rental units in Albany, NY.

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    Commercial Buildings on Central Avenue
    Commercial Buildings on Central Avenue

    1704 Central Avenue, Colonie, NY 12205

    $1,150,000
    9,019 sqft 0.74 AC lot

    Two buildings on 0.74 acres with parking for 40 vehicles.

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    Versatile Commercial Property on Central Avenue
    Versatile Commercial Property on Central Avenue

    233 Central Avenue, Albany, NY 12206

    $999,000
    43,520 sqft 0.51 AC lot

    Remarkable 43,520 sq ft commercial property with diverse spaces.

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    Flex Space with Office and Storage
    Flex Space with Office and Storage

    1306 Broadway, Albany, NY 12204

    $399,900
    4,221 sqft 0.19 AC lot

    Over 4,200 SF flex building with reception and office, two heating systems, and a full bath, plus a vacant lot behind.

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    Mixed-Use Building with Retail Frontage
    Mixed-Use Building with Retail Frontage

    260 Washington Avenue, Albany, NY 12210

    $2,600,000
    25,530 sqft 0.22 AC lot

    Completely renovated income property with 14 apartments and a street-front retail space, plus unfinished basement storage and expansion space.

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    Commercial Buildings on Central Avenue
    Commercial Buildings on Central Avenue

    1702 Central Ave, Albany, NY 12205

    $1,150,000
    9,019 sqft 0.74 AC lot

    Two commercial buildings with large parking lot on 0.74 acres.

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    Retail and Restaurant Property
    Retail and Restaurant Property

    240-242 Wolf Road, Colonie, NY 12205

    $1,895,000
    7,700 sqft 1.40 AC lot

    Two-building commercial site featuring retail space and a long-term restaurant/bar with a large deck and loading access.

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    Mixed-Use Building with Retail and Apartments
    Mixed-Use Building with Retail and Apartments

    204 Lancaster Street, Albany, NY 12201

    $599,000
    4,123 sqft 0.04 AC lot

    Ground-floor retail with two residential apartments above, plus recent capital improvements including HVAC, roof, and hot water system.

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    Former Auto Dealership For Sale
    Former Auto Dealership For Sale

    2056 Central Ave, Albany, NY 12205

    $2,499,000
    9,247 sqft 1.59 AC lot

    9,247 SF former auto dealership with high visibility.

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    Mixed-Use Auto Shop and Apartments
    Mixed-Use Auto Shop and Apartments

    187 Jefferson Street, Albany, NY 12210

    $449,777
    8,906 sqft 0.21 AC lot

    Mixed-use property with an operating auto repair shop plus three apartments needing renovation and dedicated parking.

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    Central Avenue Commercial Opportunity
    Central Avenue Commercial Opportunity

    184 Central Avenue, Albany, NY 12206

    $420,000
    2,880 sqft 0.03 AC lot

    Commercial building with two vacant lots on busy Central Ave.

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    Downtown Albany Restaurant/Bar Space
    Downtown Albany Restaurant/Bar Space

    84-86 N Pearl St, Albany, NY

    $775,000
    4,500 sqft 0.07 AC lot

    4,500 SF former bar/restaurant space in downtown Albany.

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    Mixed-Use Building in Historic Albany
    Mixed-Use Building in Historic Albany

    204 Lancaster Street, Albany, NY 12210

    $649,000
    4,123 sqft 0.04 AC lot

    Versatile mixed-use property with retail and residential units.

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    Albany Commercial Building with Expansion Potential
    Albany Commercial Building with Expansion Potential

    283 Sheridan Avenue, Albany, NY 12206

    $125,000
    1,096 sqft 0.11 AC lot

    Commercial/retail building with high traffic and expansion possibilities.

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    Auto Body Repair and Storage Property
    Auto Body Repair and Storage Property

    467 Jay Street, Albany, NY 12203

    $180,000
    5,220 sqft

    Includes an operating auto body/repair shop plus a separate office rental and nine garage or storage units.

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    Albany Corner Store and Restaurant
    Albany Corner Store and Restaurant

    301 Ontario Street, Albany, NY 12208

    $270,000
    840 sqft 0.02 AC lot

    Established corner store and restaurant in a prime Albany location.

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    Versatile Commercial Property on Central Avenue
    Versatile Commercial Property on Central Avenue

    233 Central Avenue, Albany, NY 12206

    $999,000
    43,520 sqft 0.51 AC lot

    Remarkable 43,520 sq ft commercial property with diverse spaces.

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    Mixed-Use Building with Storefront
    Mixed-Use Building with Storefront

    97 Henry Johnson Boulevard, Albany, NY 12210

    $299,000
    3,666 sqft 0.05 AC lot

    Two 3-bedroom apartments plus a commercial storefront and three garage bays in a mixed-use Albany property.

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    Loudon Plaza Mixed-Use Property
    Loudon Plaza Mixed-Use Property

    359 Northern Boulevard, Albany, NY 12204

    $11,999,000
    59,379 sqft

    Premier mixed-use retail and office property in Albany, NY.

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    Mixed-Use Building With Retail
    Mixed-Use Building With Retail

    197 Lark Street, Albany, NY 12210

    $649,900
    4,360 sqft 0.04 AC lot

    Street-level retail is leased, with three residential units above, including rooftop access and in-unit laundry.

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    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    497 Washington Avenue, Albany, NY 12206

    $199,999
    1,924 sqft 0.09 AC lot

    Leased second-floor 2-bedroom apartment through May 2027 with a vacant first-floor commercial space at 497 Washington Avenue.

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    Albany, NY Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Albany, NY, showcased through 67 active listings on our real estate platform. These investment opportunities span a total of 604,239 square feet of properties for sale, with an estimated market value of $71,358,814.

    Sale prices for stores in Albany, NY start at $69,900, averaging $1,321,459, and reaching up to $11,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 30
    Automotive properties 20
    Shopping centers 19
    Auto shops 13
    Drug stores 5

    Demographics Overview

    Population 155K
    Population Growth (5Y) +6.9%
    Median Household Income $76,899
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

    Identify Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Schenectady $350K
    Albany $1M
    Ravena $3.5M

    Listings Trend

    New vs delisted commercial listings in Albany County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Albany County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Albany fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Albany, NY

    • 12206
    • 12210
    • 12205
    • 12204
    • 12203
    • 12208
    • 12110
    • 12201
    • 12209
    • 12047
    • 12202

    Featured Albany Real Estate Agencies

    Realmo connects you with licensed Albany CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    CBRE Albany
    Albany, NY 12203
    www.cbre.us/people-and-offices/affiliate-offices/albany
    Vanguard-Fine LLC
    Albany, NY 12203
    www.vanguardfine.com
    Standard Brokerage Company
    Albany, NY 12203
    standardbrokerageco.com

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