Overview
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.
- Principal and Interest
- Property Tax
- HOA fee
