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854 Madison Avenue

Albany, NY 12208

Active

$429,900

Listing by:
Jerome P Newkirk
Revision Real Estate
518-229-0366

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.

$429,900
0.0
Bedroom
0
Bathroom
4,984
Sq. Ft.
$ 86
$/Sq. Ft.
0.09
Acres
Year Built:
1920
County:
Albany
School District:
Albany
Acres:
0.09
Listing Agent:
Jerome P Newkirk
Listing Office:
Revision Real Estate
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Features

Square Feet: 4,984
Town: Albany
Bedrooms: 0
Full Bathrooms: 0
Estimated Taxes: $12,730
Water: Public
Sewer: Public Sewer
Heat: Hot Water
Garage: 0
Exterior: Brick
Cooling: Central Air
Parking Spaces: 25
Zoning: Commercial
Units: 4894

Location



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