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Investment Highlights

  • Family Dollar long standing tenant with strong historical sales
  • Family Dollar location is ranked in the top 200 stores in the country (Placer AI)

Executive Summary

2609 2nd Avenue, Watervliet offers a compelling value-add retail investment opportunity anchored by Family Dollar, one of the top-performing locations in the country. The property combines the stability of a strong national tenant with near-term upside through the lease-up of currently vacant space, allowing an investor to increase NOI and overall asset value. Located in a well-established neighborhood retail corridor with convenient access to I-787, the center benefits from consistent traffic, strong regional draw, and proven tenant performance. This is an ideal opportunity for investors seeking dependable cash flow today with meaningful growth potential through repositioning and leasing.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,408 SF
Building Class
C
Year Built
1972
Price
$2,361,640 CAD
Price Per SF
$135.66 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
2.30 AC
Zoning
14
Parking
37 Spaces (2.13 Spaces per 1,000 SF Leased)
Frontage
286’ on 2nd Ave

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 8,775 SF
  • Retail
  • -
  • 30 Days

2609 2nd Avenue, Watervliet offers 8,775 SF available for lease within a well-established neighborhood retail plaza anchored by Family Dollar, one of the top-performing locations in the country. This highly visible center benefits from a strong draw from surrounding communities and convenient access to I-787, providing excellent regional connectivity. The available space is ideally positioned next to the long-term anchor tenant, making it well suited for neighborhood retail, service, or user-oriented businesses seeking steady traffic, strong co-tenancy, and a proven location.

Space Size Space Use Position Available
1st Floor 8,775 SF Retail - 30 Days

1st Floor

Size
8,775 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 8,775 SF
Space Use Retail
Position -
Available 30 Days

2609 2nd Avenue, Watervliet offers 8,775 SF available for lease within a well-established neighborhood retail plaza anchored by Family Dollar, one of the top-performing locations in the country. This highly visible center benefits from a strong draw from surrounding communities and convenient access to I-787, providing excellent regional connectivity. The available space is ideally positioned next to the long-term anchor tenant, making it well suited for neighborhood retail, service, or user-oriented businesses seeking steady traffic, strong co-tenancy, and a proven location.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Nearby Major Retailers

Rent-A-Center
Price Chopper
TrustCo Bank
Bank of America
KeyBank

Property Taxes

Property Taxes

Parcel Number
012689-032-008-0003-008-000-0000
Land Assessment
$143,782 CAD
Improvements Assessment
$1,064,822 CAD
Total Assessment
$1,208,604 CAD
  • Listing ID: 40767795

  • Date on Market: 2026-06-03

  • Last Updated:

  • Address: 2609 2nd Ave, Watervliet, NY 12189

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