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Executive Summary

The Colvin Building. A rare opportunity to acquire one of downtown Glens Falls' most substantial commercial buildings - 29,250 SF across five levels with an established tenant base, strong infrastructure, and exceptional repositioning upside. Whether you're an investor looking for immediate cash flow or a developer with a vision for adaptive reuse, 206 Glen Street offers multiple paths to value creation at a basis of approximately $34 per square foot. The building features 400+ amp 3-phase electrical service, a full sprinkler system throughout, public water and sewer, natural gas, and prominent storefront presence on the main commercial corridor of downtown Glens Falls. Constructed in 1903 by Addison Beecher Colvin, founder of The Glens Falls Daily Times. Over a century later, it remains one of the most iconic structures on Glen Street, and it's positioned to thrive in its next chapter.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
29,250 SF
Building Class
B
Year Built
1960
Price
$1,000,000
Price Per SF
$34.19
Cap Rate
7.82%
NOI
$78,240
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
7,020 SF
Building FAR
4.24
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
CCD - The Central Commercial District is to provide a high-density commercial area in downtown Glens Falls.
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
520500-302-020-0028-006-000-0000
Land Assessment
$105,500
Improvements Assessment
$1,571,600
Total Assessment
$1,677,100
  • Listing ID: 41792728

  • Date on Market: 8/18/2026

  • Last Updated:

  • Address: 206 Glen St, Glens Falls, NY 12801

Contact the Sale Advisor

The Colvin Building | 206 Glen St

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