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.
Peter Gamar
Sun Management Corp.