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(c): 518.937.1970
Compass
854 Madison Avenue, Albany, NY 12208
- $429,900
- 3
- BA
- 4,984
- SqFt
- List Price
- $429,900
- Price Change
- ▼ $20,000 1777600066
- MLS#
- 202613709
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.
Additional Information
- Taxes
- $12,730
- Zoning
- Commercial
- Sewer
- Public Sewer
- Water
- Public
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Listing courtesy of listing agent Jerome P Newkirk with Revision Real Estate Brokerage, 518-229-0366.
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