Delmar, NY 12054 · Albany County

This mixed-use investment property at Delmar's Four Corners intersection commands a prominent position on Delaware Avenue, the area's primary retail corridor. The 4,242-square-foot building, constructed in 1948, houses approximately 3,000 square feet of retail space on the first floor, currently occupied by an established tenant since 2016, and a 1,242-square-foot residential unit on the second floor with a separate entrance. The property includes a full basement for storage, rear parking with a formal shared-parking agreement, and sits within a walkable downtown setting surrounded by established commercial and residential uses. Situated in the Bethlehem Central school district with no HOA, the asset offers income-generating potential in Delmar's commercial core.
Outstanding opportunity to acquire a fully occupied mixed-use investment property in the heart of Delmar's highly desirable Four Corners. Prominently positioned along Delaware Avenue, Delmar's primary retail corridor, the property is surrounded by established retail, commercial and residential uses in a walkable Main Street-style setting. The two-story building features approximately 3,000 SF of first-floor retail space occupied by long-term tenant Perfect Blend, which has operated at the property since 2016. The second floor consists of a spacious 1,242 SF two-bedroom apartment occupied by a long-term residential tenant. Additional features include rear parking with a formal shared-parking agreement, a full basement used for retail storage, separate residential access and Hamlet zoning. A rare opportunity to acquire a stabilized, income-producing asset in one of the Capital Region's most desirable communities.
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Delmar is in Albany County, NY. There are currently 61 active listings here, ranging from $22,500 to $1,998,000. Listings in this address fall under the Bethlehem school district. Priced 154% above the Delmar median of $409,000.
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Howard Hanna Capital Inc · Listed by Charles Curto (22355)
Contact: 518-669-4356
MLS #202624754 · Source: Global MLS, Inc.
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Every change captured by Global MLS since this listing went live.
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