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For Lease

240 State St

240 State St, Schenectady, NY 12305

2,098

SF Available
Owner is offering 2 months rent free. Already built out restaurant space now available to lease! This property is on a highly visible corner of State St. and Erie Blvd with 105 apartments above retail space. This retail space is ideally situated in the heart of downtown Schenectady, just a short walk from Union College, Theater Row, and the historic Proctors Theatre. With a high volume of foot traffic and ample exposure, it offers an exceptional opportunity for retail and restaurant and service related business. With an average of 10,500+ AADT on State St. There is a new aquarium and grocery store being developed within walking distance. Strong mix of professional tenants.

Rental Details

  • Number of spaces 1
  • Total square feet available 2,098 SF
  • For Lease $16.00/SF/MO
  • Space Types Restaurant
  • Lease Type NNN
  • Date Updated May 17, 2026
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 1 Space Available

Space Available

  • Space Type Restaurant
  • Lease Rate $16.00/SF/MO
  • Total Space Available 2,098 SF
  • Min Divisible 2,098 SF
  • Lease Type NNN
  • Sublease No
  • Build Type Full build out
broker
Christopher Schmid

Coldwell Banker Commercial Prime Properties

Contacts

broker
Christopher Schmid

Coldwell Banker Commercial Prime Properties

Building Details

  • For Lease $16.00/SF/MO
  • Property Type Retail - Restaurant
  • Lot Size 1.2 Acre
  • Date Updated May 17, 2026

Getting Around

  • Walk Score ®

    Very Walkable (87)
  • Transit Score ®

    Good Transit (51)
  • Bike Score ®

    Bikeable (62)
Powered by Walk Score ®

Location

  • City Schenectady, NY
  • Neighborhood Downtown Schenectady
  • Zip Code 12305
  • Market Albany
  • Map
  • Street

Points of Interest

Albany International Airport Taxi Stand

8.32 miles

Alltown Fresh Gas

0.46 miles

Mobil

0.61 miles

Sunoco

1.04 miles

Cumberland Farms

1.11 miles

Citgo

1.17 miles

Stewart's

1.26 miles

Speedway

1.28 miles

ChargeSmart

9.59 miles

Tesla Supercharger

9.61 miles

Schenectady Municipal Parking Garage

0.15 miles

Center City Lot

0.17 miles

Pinhead Susan's

0.22 miles

Clinton North Lot

0.25 miles

YWCA of Schenectady

0.32 miles

Schenectady County Public Library Lot

0.37 miles

MVP Parking Garage

0.39 miles

Schenectady Police Department Lot

0.40 miles

Predel Scrapyard

0.43 miles

Market32

1.68 miles

Walmart Supercenter

1.88 miles

Walmart

1.98 miles

Hannaford

2.16 miles

ViaPort Rotterdam

2.20 miles

Price Chopper

2.24 miles

ALDI

2.40 miles

Gabriel's Supermarket

2.44 miles

Price Rite

2.44 miles

240 State St Listing Summary

  • The Price for Retail Space at 240 State St

    The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. When it comes to 240 State St, asking rent starts at $$16.00/SF/MO per square foot.

    240 State St is located in the Downtown Schenectady neighborhood, which is home to a total of 6 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.

  • Retail Space Options Available at 240 State St

    The property exclusively contains Restaurant space totaling 2,098 square feet. The leasing opportunity here is available under NNN lease terms.

    In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. You will find 1 retail space(s) ranging from 1,000 square feet to 10,000 square feet at 240 State St, which can serve small or medium retail businesses that are planning to accommodate growth throughout the duration of their lease at this address. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.

  • Get to Know the Retail Scene in the Downtown Schenectady Neighborhood

    240 State St is located in the Downtown Schenectady neighborhood of Schenectady. The Downtown Schenectady retail market offers 6 retail listing(s), representing a total of 21,142 square feet of retail space for lease.

    The most common retail type in the Downtown Schenectady neighborhood is Restaurant, of which the market currently offers 3 space(s). You can also find 1 Street Retail space(s).

    When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Downtown Schenectady resident is 34 years old, and the median household income here is $58,380 per year.

Contact Listing Broker
broker
Christopher Schmid

Coldwell Banker Commercial Prime Properties

  1. 1Main information
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