Commercial Real Estate Listings in Schenectady, NY
The Schenectady real estate market has a lot to offer.
You will find that Office space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Retail space accounts for the second-largest share of listings on the market.
Type
No. of Listings
Space Available
Office
10
291,882 Sq. Ft.
Retail
9
251,897 Sq. Ft.
Industrial
2
88,155 Sq. Ft.
Office
46.19%
Retail
39.86%
Industrial
13.95%
Top Locations for Commercial Space in Schenectady, NY
Depending on the type of space that you’re looking for, different areas of Schenectady may suit your needs differently.
The city’s Downtown Schenectady neighborhood has the highest concentration of CRE listings, offering 14 availabilities on the market.
The Woodlawn neighborhood is home to the second-largest number of leasing opportunities — 6 listing(s).
At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Downtown Schenectady.
Neighborhood with most CRE Listings
No. of Spaces
Downtown Schenectady
14
Woodlawn
6
Union Street Area
3
Neighborhood with most Office Listings
No. of Spaces
Downtown Schenectady
12
Woodlawn
2
Union Street Area
1
Areas with numerous industrial properties are also more likely to be well-connected logistically. The Woodlawn area is the local Schenectady submarket with the most listings for rent, at this time.
Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Schenectady, you’ll find the most such opportunities for lease to be in Woodlawn.
Neighborhood with most Retail Listings
No. of Spaces
Woodlawn
3
Mont Pleasant
2
Downtown Schenectady
2
Commercial Real Estate for Sale in Schenectady, NY
If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer.
There are currently 40,324 square feet of commercial property for sale in Schenectady.
The largest investment opportunity on the local market offers 15,296 square feet of earning potential.
If you are looking to buy a smaller property, consider that local listings for sale start at 2,955 square feet.
Across the properties offered for sale here, listed prices start at $295,000.
It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.
Mixed-Use and Green Commercial Real Estate in Schenectady, NY
Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.
1606 Eastern Pkwy, Union Street Area, Schenectady, NYProperty