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Investment Highlights

  • Strong potential for long-term lease stability and investment return
  • 5 units providing diverse leasing opportunities for a variety of different businesses
  • 74,252+/- SF building with ample space for retail and commercial use

Executive Summary

For Sale or Lease Albion Shopping Center has 2 spaces available, 16,678+/- SF and 16,500+/- SF respectively. There are 5 Retail spaces in this shopping center with 2 spaces currently available. Current tenants at the center include Save-A-Lot, Albion Pro Hardware, Dollar Tree and Napa Auto Parts making it a local shopping destination. Situated in a high-traffic location on Route 31, the center offers large open retail spaces in the heart of Central Albion. With road frontage of 492’ on West Ave, ample parking with 787 spaces, a Gross Leasable Area of 74,252+/- SF, total Land Area of 15.4+/- AC, Albion Shopping Center provides an ideal setting for your retail business.
Busy plaza in Albion, NY. Tenants include Save-A-Lot, Dollar Tree and Napa Auto Parts . High traffic location on Route 31. Near the village and NYSDOC Orleans Correctional Facility.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
74,273 SF
Building Class
B
Year Built
1971
Price
$2,716,000 CAD
Price Per SF
$36.57 CAD
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.11
Lot Size
15.40 AC
Zoning
05
Parking
725 Spaces (9.76 Spaces per 1,000 SF Leased)
Frontage
445’ on West Ave

Amenities

  • Pylon Sign

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 101
  • 16,678 SF
  • Retail
  • End Cap
  • Now

Rent range is $6-14 per SF per year. Rent depends on the tenants needs for building out the space.

Space Size Space Use Position Available
101 16,678 SF Retail End Cap Now

101

Size
16,678 SF
Space Use
Retail
Position
End Cap
Available
Now

101

Size 16,678 SF
Space Use Retail
Position End Cap
Available Now

Rent range is $6-14 per SF per year. Rent depends on the tenants needs for building out the space.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Tops Friendly Markets
Rent-A-Center
KeyBank

Property Taxes

Property Taxes

Parcel Number
342001-073-009-0001-034-000
Land Assessment
$519,037 CAD
Improvements Assessment
$610,388 CAD
Total Assessment
$1,129,426 CAD
  • Listing ID: 32421902

  • Date on Market: 2024-07-11

  • Last Updated:

  • Address: 316-345 West Ave, Albion Town Orleans, NY 14411

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