17-21 N Pearl St 33,378 SF 100% Leased Retail Building Albany, NY 12207 $899,000 ($26.93/SF)
INVESTMENT HIGHLIGHTS
- Heavy Daytime Foot Traffic
- Near Public Transportation
EXECUTIVE SUMMARY
Prime Investment Location. Beautiful Office Building Located in downtown, offering over 30,000+ SF of retail space. The ground floor offers over 10,000+ SF of retail space and was formerly a Rite Aid store. The lower Level previously functioned as a food court and has the potential to be converted into a parking garage. Situated in the heart of Albany's Central Business District.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
33,378 SF
Building Class
C
Year Built
1910
Price
$899,000
Price Per SF
$26.93
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
13’
Building FAR
3.07
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C3 - a commercial zoning district that allows for waterfront recreational activities, residences, and community facilities
Parking
1 Space (0.03 Spaces per 1,000 SF Leased)
Frontage
61’ on Pearl St
AMENITIES
- Bus Line
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
