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    Albany, NY Shopping Centers for Sale

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    Loudon Plaza Mixed-Use Property
    Updated: Mar 25
    Loudon Plaza Mixed-Use Property

    359 Northern Boulevard, Albany, NY 12204

    $11,999,000
    59,379 sqft
    Fully renovated (2017‑2020) mixed‑use retail and office property.
    100% occupied retail plaza with long‑term tenants providing stable cash flow.
    Premier location at the border of Loudonville and Albany, NY, with immediate access to I‑90, I‑787, and I‑87.
    Balanced income stream from ±25,817 SF of retail/restaurant/service space and ±33,562 SF of office suites.
    Approximately 300 parking spaces available.
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    This listing looks promising.

    Here's a quick look at some key insights for

    359 Northern Boulevard, Albany, NY, 12204

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $717K
      Annual

    • Mortgage

      $7.2M
      Aug 2017

    • Last Sold

      Jul 2017
      $1.75M

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 1953
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    Thirteen Tenant Plaza For Sale
    Updated: May 12
    Thirteen Tenant Plaza For Sale

    644 Loudon Road, Colonie, NY 12110

    $3,900,000
    15,375 sqft
    High‑traffic location on Route 9 next to Fresh Market.
    Thirteen‑tenant plaza with apartment and retail units.
    Property is always rented.
    Gross lease stores.
    Large lot allows for additional projects.
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    Retail Shopping Center with Loading Docks
    Retail Shopping Center with Loading Docks

    90 Broadway, Menands, NY 12204

    Contact for pricing

    Shopping center with 11 retail spaces, on-site parking, and loading docks, with signage visible from major interstate access.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Albany, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    13-Tenant Shopping Center
    13-Tenant Shopping Center

    644 Loudon Road, Latham, NY 12110

    $3,900,000
    15,375 sqft 2.50 AC lot

    Commercially zoned property combining retail and apartment components with public water and sewer service.

    View details
    Retail Plaza For Sale
    Retail Plaza For Sale

    2609 2nd Avenue, Watervliet, NY

    $2,000,000
    8,775 sqft

    Neighborhood retail center with strong draw, near I-787.

    View details
    Neighborhood Retail Plaza with Family Dollar
    Neighborhood Retail Plaza with Family Dollar

    2609 2nd Ave, Watervliet, NY 12189

    Contact for pricing
    20,125 sqft

    Neighborhood retail plaza with long-standing Family Dollar tenant and easy access to I-787, plus new parking lot.

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    Mixed-Use Retail Center
    Mixed-Use Retail Center

    622 Loudon Road, Latham, NY 12110

    Contact for pricing

    Newer, well-maintained mixed-use center with dual-elevation signage and a signalized full-access entrance supporting an active daily tenant mix.

    View details

    Off-Market Properties in Albany, NY

    Consider similar Off-Market properties in Albany, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1 Crossgates Mall Rd
    MINI-MALL

    1 Crossgates Mall Rd, Albany, NY 12203-5368

    $595,000
    Estimated value
    105,582 sqft 8.40 AC lot
    View details
    1 Crossgates Mall Rd
    REGIONAL SHOPPING CENTER, MALL

    1 Crossgates Mall Rd, Albany, NY 12203-5368

    $8,150,000
    Estimated value
    812,458 sqft 38.74 AC lot
    View details
    1425 Central Ave
    REGIONAL SHOPPING CENTER, MALL

    1425 Central Ave, Albany, NY 12205-5027

    $28,000,000
    Estimated value
    269,366 sqft 20.70 AC lot
    View details
    79 Wolf Rd
    SHOPPING CENTER, STRIP CENTER

    79 Wolf Rd, Albany, NY 12205-2613

    $4,045,000
    Estimated value
    21,872 sqft 2.33 AC lot
    View details
    900 Central Ave
    SHOPPING CENTER, STRIP CENTER

    900 Central Ave, Albany, NY 12206-1302

    $6,420,000
    Estimated value
    136,744 sqft 6.12 AC lot
    View details
    153 Pearl St
    MINI-MALL

    153 Pearl St, Albany, NY 12202-1804

    $525,000
    Estimated value
    23,128 sqft 0.26 AC lot
    View details
    415 Whitehall Rd
    SHOPPING CENTER, STRIP CENTER

    415 Whitehall Rd, Albany, NY 12208-1750

    $1,050,000
    Estimated value
    18,368 sqft 1.21 AC lot
    View details
    1 Crossgates Mall Rd
    REGIONAL SHOPPING CENTER, MALL

    1 Crossgates Mall Rd, Albany, NY 12203-5368

    $885,000
    Estimated value
    200,254 sqft 11.99 AC lot
    View details
    20 Wolf Rd
    MINI-MALL

    20 Wolf Rd, Albany, NY 12205-2603

    $345,000
    Estimated value
    30,133 sqft 2.10 AC lot
    View details
    1801 Western Ave
    SHOPPING CENTER, STRIP CENTER

    1801 Western Ave, Albany, NY 12203-4600

    $145,000
    Estimated value
    5,486 sqft 0.69 AC lot
    View details
    1475 Western Ave
    REGIONAL SHOPPING CENTER, MALL

    1475 Western Ave, Albany, NY 12203-3520

    $1,955,000
    Estimated value
    175,587 sqft 20.14 AC lot
    View details
    359 Northern Blvd
    SHOPPING CENTER, STRIP CENTER

    359 Northern Blvd, Albany, NY 12204

    $455,000
    Estimated value
    61,044 sqft 3.25 AC lot
    View details
    1390 Central Ave
    MINI-MALL

    1390 Central Ave, Albany, NY 12205-5115

    $240,000
    Estimated value
    13,416 sqft 1.12 AC lot
    View details
    38 Wolf Rd
    MINI-MALL

    38 Wolf Rd, Albany, NY 12205-2603

    $355,000
    Estimated value
    44,164 sqft 5.00 AC lot
    View details
    144 Wolf Rd
    SHOPPING CENTER, STRIP CENTER

    144 Wolf Rd, Albany, NY 12205-1115

    $100,000
    Estimated value
    5,952 sqft 6.41 AC lot
    View details
    1 Crossgates Mall Rd
    REGIONAL SHOPPING CENTER, MALL

    1 Crossgates Mall Rd, Albany, NY 12203-5368

    $6,055,000
    Estimated value
    561,128 sqft 33.58 AC lot
    View details
    1800 Western Ave
    SHOPPING CENTER, STRIP CENTER

    1800 Western Ave, Albany, NY 12203-4650

    $240,000
    Estimated value
    19,173 sqft 2.14 AC lot
    View details
    1969 Central Ave
    MINI-MALL

    1969 Central Ave, Albany, NY 12205

    $375,000
    Estimated value
    37,547 sqft 4.80 AC lot
    View details
    1787 Central Ave
    MINI-MALL

    1787 Central Ave, Albany, NY 12205

    $205,000
    Estimated value
    14,820 sqft 1.68 AC lot
    View details
    1482 Central Ave
    MINI-MALL

    1482 Central Ave, Albany, NY 12205-5056

    $695,000
    Estimated value
    138,511 sqft 14.45 AC lot
    View details
    1440 Central Ave
    REGIONAL SHOPPING CENTER, MALL

    1440 Central Ave, Albany, NY 12205-5118

    $270,000
    Estimated value
    12,768 sqft 19.01 AC lot
    View details

    Albany, NY Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Albany, NY, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 74,754 square feet of properties for sale, with an estimated market value of $15,899,000.

    Sale prices for plazas in Albany, NY start at $3,900,000, averaging $7,949,500, 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 60
    Shopping centers 29
    Automotive properties 20
    Auto shops 16
    Drug stores 9

    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
    12204 $12M

    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

    Office

    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

    • 12204
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    Featured Albany Real Estate Agencies

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

    NAI PLATFORM LLC
    14 CORPORATE WOODS BLVD STE 100 Albany, NY
    CBRE Albany
    Albany, NY 12203
    www.cbre.us/people-and-offices/affiliate-offices/albany
    Vanguard-Fine LLC
    Albany, NY 12203
    www.vanguardfine.com

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