51 Pearl StAlbany, NY 12207

For Lease
$17/SF/YR

High-traffic location, 1,330 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1,330-square-foot retail space at 51 S. Pearl Street in Albany, NY, presents a unique investment opportunity. Located at the entrance to the MVP Arena, this single-tenant property benefits from significant foot traffic, estimated at 400,000 annual arena attendees. Currently configured as office space, the adaptable layout is easily converted to suit retail or food and beverage uses. The space features primarily open floor plan with a private bathroom. High visibility and excellent foot traffic are key advantages. Two dedicated parking spaces are included, supplementing the 1,000 public parking spaces in the adjacent arena garage and other nearby public parking options. The property sits on a 7.4-acre lot and is part of a larger 55,000-square-foot building constructed in 1990. Its convenient location offers easy access to major highways. The property is zoned MU-DT. The lease rate is $17 per square foot, plus $2 per square foot for common area maintenance, with utilities paid separately. This is a rare opportunity to secure a high-visibility space in a prime downtown Albany location.

Property Details for 51 Pearl St

Property type
Other retail properties, Individual retail properties
RSF (Rentable sq. ft)
55,000 SF
Year Built
1990
Stories
1

Unit(s) available at that property

Space
Size
1,330 SF
Rate per SF
$17

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6484642
Longitude
-73.7549566
51 Pearl St, Albany, New York

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51 Pearl St
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