497 Washington Avenue, Albany, NY 12206, Albany

Don’t miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus.

The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision — ideal for retail, office, studio, or service-based business.

Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience.

This is a rare opportunity to secure a well-located mixed-use property in one of Albany’s most active rental corridors with built-in income and future growth potential.