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1649 Columbia Tpke 3.99 Acres of Commercial Land in Castleton On Hudson, NY 12033
Investment Highlights
- Positioned at a prominent lighted intersection along Columbia Turnpike with strong traffic counts and superior visibility.
- Complemented by a diverse tenant mix including U.S. Post Office, liquor store, salon, laundromat, and restaurant, ensuring consistent customer traffic
- Located just half a mile from I-90 and 10 miles southeast of Albany, offering excellent regional connectivity and accessibility.
- Anchored by Tractor Supply on a long-term lease with approximately 10 years remaining, providing secure and stable income.
- Features a Rite Aid outparcel that drives additional shopper visits and enhances overall site value.
- Supported by local zoning initiatives to increase density and strengthen this corridor as the town’s primary retail destination.
Executive Summary
- Lighted Intersection
- 100% occupied
- YOUNGEST tenant in occupancy 12 years
- Tenants include; Tractor Supply, US Post Office, Liquor Store, Restaurant, Salon & Laundromat
- Rite Aid outparcel
- 10 years left on 20 year Tractor Supply lease
- Half mile from I-90 exit
10 miles SE of Albany. Main center in Schodack/Castleton-on-Hudson. Town Hall is pushing through zoning to increase density and make this center the main shopping district in the area.
Property Facts
1 Lot Available
Lot
| Lot Size | 3.99 AC |
| Lot Size | 3.99 AC |
Fully occupied retail land parcel at a lighted intersection featuring long-term tenants, a Rite Aid outparcel, and highway access just half a mile from I-90. Positioned 10 miles from Albany with zoning changes planned to boost density.
Description
1649 Columbia Turnpike offers a rare investment opportunity in the vibrant Schodack/Castleton-on-Hudson retail hub. This thriving center combines a diverse tenant mix and a high-visibility location to deliver long-term stability and value. Positioned at a lighted intersection with direct access to I-90 and just 10 miles from Albany, the property sits within a growing trade area identified by the town for future zoning enhancements to encourage greater density and development. The site supports established national and local tenants that have served the community for over a decade, creating a consistent draw of customers. Complemented by a Rite Aid outparcel and anchored by Tractor Supply—under a secure long-term lease—this location ensures ongoing traffic and sustained performance. As the primary retail destination for Schodack and Castleton-on-Hudson, this property is uniquely situated to benefit from planned municipal initiatives and continued regional growth. Strong connectivity, durable tenancy, and its role as a central shopping destination make this a compelling opportunity for investors seeking income reliability with future upside potential.
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1649 Columbia Tpke
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