Glens Falls, NY
Commercial Real Estate Market Trends & Data

$128 Avg asking sale price
$12 Avg asking lease rate
19,733 SF Avg unit lease size
31,222 SF Avg building size for sale

Glens Falls's Demographic Profile

Glens Falls has 6,451 households and a median income of $61,532, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 13,883
# Households 6,451
Median age 40
Median household income $61,532
Avg household size 2.0
Renter-occupied housing units 3,478
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Glens Falls, NY

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Nearby Retail Markets Avg Cost/SF Typical Size
Glens Falls $89 11,557 SF
South Glens Falls $220 9,761 SF
Queensbury $229 9,390 SF
Hudson Falls $186 2,800 SF
Fort Edward $88 5,990 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ballston Lake $251 15,535 SF 5.07%
Hoosick Falls $44 10,475 SF 7.68%

Commercial Properties For Sale in Glens Falls

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

352 Quaker Rd

Queensbury, NY 12804

  • 1,316 SF Retail Building
  • $549,999
For Sale

67-71 Main St

Queensbury, NY 12804

  • 1.63 AC Lot
  • 1 Commercial Lot
  • $779,000
For Sale

101-103 Main St

South Glens Falls, NY 12803

  • 9,000 SF Office Building
  • $899,900
For Sale

40 Main St

South Glens Falls, NY 12803

  • 4,700 SF Retail Building
  • $599,000
For Sale

193 Dix Ave

Glens Falls, NY 12801

  • 8,000 SF Retail Building
  • $849,900
For Sale

162-164 Glen St

Glens Falls, NY 12801

  • 7,654 SF Retail Building
  • $795,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Glens Falls pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Glens Falls $128 31,222 SF
South Glens Falls $199 113,017 SF
Queensbury $214 103,629 SF
Hudson Falls $124 4,600 SF
Fort Edward $90 15,893 SF

Regional Demographic Comparison

This comparison places Glens Falls alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Glens Falls or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Glens Falls 13,883 6,451 40 $61,532 2 3,478 -2%
South Glens Falls 3,577 1,669 44 $55,267 2 800 2%
Queensbury 40,589 17,764 44 $77,123 2 6,876 -2%
Hudson Falls 6,951 2,959 40 $54,964 2 1,424 -2%
Fort Edward 3,037 1,276 42 $52,109 2 456 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Glens Falls, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Glens Falls

View All Commercial Real Estate For Sale in Glens Falls
Is Glens Falls a good market for a first-time commercial real estate investor?

Glens Falls offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Glens Falls?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Glens Falls. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Glens Falls?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Glens Falls. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Glens Falls compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Glens Falls. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Glens Falls acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Glens Falls, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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