SQUARE FEET10,085
MLS#202501001
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
Iconic Downtown Albany Investment Opportunity! Discover +/-10,085 SF of prime mixed-use space at the bustling corner of North Pearl & Columbia Streets. This fully leased four-story historic building--originally constructed in 1850 and thoughtfully renovated in 2020-- features five market-rate apartments and two high-visibility retail storefronts. Zoned MU-DT, the property offers excellent exposure and foot traffic in Albanys vibrant downtown district. Includes a passenger elevator and strong rental history. Offered at $1,190,000 ($118/SF), this is a turnkey asset ideal for investors seeking value, stability, and upside potential in a dynamic urban market.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Mixed Use
Lot Size: 0.07 Acres
Stories: 4.0
Taxes: $23,500
Year Built: 1850
Feature Descriptions
# Of Elevators: 1
Building Ceiling Height: 9
Current Use: Mixed Use
Days on Site: 214
Elevator: Passenger
Exterior: Brick
Lot Dimensions: 0
possible Use: Apartment Plus, Investment, Fitness/Gym, Convenience Store, Laundromat, Medical/Dental, Multi-Family, Tavern Plus, Tavern, Restaurant, Retail, Office/Retail, Office Plus, Office, Mixed Use
Sewer: Public Sewer
Sprinklers: Yes
SQFT Building Available: 1606
SQFT Office Available: 1606
SQFT Retail Available: 1606
Water: Public
Listed By / Shown By
Listing By
Agency Name: Carrow Real Estate Services
Agency Phone: (518) 462-7491
Shown By
Agency Title: Coldwell Banker Commercial Prime Properties, Inc.
Agency Phone: 518-785-9000
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