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Listed by Jerome P Newkirk • Revision Real Estate
$429,900
Est. payment /mo
3 Baths
4,984 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,984 sqft
Price per Sqft $86
MLS Listing ID 202613709
Year Built 1920
Annual Tax Amount $12,730
Lot Size 4,092 Sqft
Acres 0.09
Lot Dimensions 44 x 94
Property Sub-Type Office
Source Global MLS
Property Description
Rare Albany Commercial Opportunity - Five Lots Combined! Bring your vision to 852-854 Madison Avenue and 487-489 & 491 Yates Street, a unique commercial offering consisting of five combined lots with an expansive footprint in Albany.
The property features a fully gated, asphalt-paved parking lot with handicap-accessible rear entry, providing convenience for customers, clients, employees, or tenants. The existing building offers a flexible layout that can accommodate a variety of commercial uses, professional services, office configurations, or redevelopment concepts, subject to zoning and approvals.
The first floor includes six private rooms, a spacious reception/intake area, and two bathrooms. The second floor provides two large offices, a generous meeting/conference room, additional storage, and another bathroom. The existing configuration provides a strong starting point for an owner-user, investor, or developer looking to adapt the property to a new use.
With multiple lots, dedicated parking, a functional existing building, and a convenient Albany location, this property offers an opportunity to acquire, reposition, expand, or redevelop.
Bring your business plan. Explore the possibilities. Build your next opportunity in Albany.
The property features a fully gated, asphalt-paved parking lot with handicap-accessible rear entry, providing convenience for customers, clients, employees, or tenants. The existing building offers a flexible layout that can accommodate a variety of commercial uses, professional services, office configurations, or redevelopment concepts, subject to zoning and approvals.
The first floor includes six private rooms, a spacious reception/intake area, and two bathrooms. The second floor provides two large offices, a generous meeting/conference room, additional storage, and another bathroom. The existing configuration provides a strong starting point for an owner-user, investor, or developer looking to adapt the property to a new use.
With multiple lots, dedicated parking, a functional existing building, and a convenient Albany location, this property offers an opportunity to acquire, reposition, expand, or redevelop.
Bring your business plan. Explore the possibilities. Build your next opportunity in Albany.
Location
State NY
County Albany
Zoning Commercial
Direction PROPERTY IS LOCATED ON THE LEFT DRIVING WEST ON MADISON AVE AFTER YOU PASS QUAIL ST
Interior
Heating Hot Water
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Albany
Others
Tax ID 010100 64.76-1-7
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Catherine Combs
Lic. Real Estate Salesperson License ID: 10401345850
Lic. Real Estate Salesperson License ID: 10401345850