SQUARE FEET3,106
MLS#202501292
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
Prime redevelopment opportunity in Albanys fast-growing Warehouse District. Directly across from National Grids Albany HQ and steps from Druthers Brewing Company, this +/-3,106 SF two-story brick building offers a former bar on the first floor and potential for two residential apartments above. Includes two adjoining parcels totaling +/-0.19 acres with 100 of frontage on Broadway and a paved, fenced 12-car parking lot. Constructed in 1940, the building needs work but presents strong value-add potential. MU-NC zoning allows many uses including multifamily, retail, restaurant, and office. Municipal water and sewer. Annual taxes $6,526.98. Traffic counts: 4,655 AADT on Broadway with additional visibility from I-90 at 101,791 AADT. 1118 Broadway (65.44-3-12) & 2 Genessee St (65.44-3-8)
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Mixed Use
Lot Size: 0.19 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $6,526
Year Built: 1940
Feature Descriptions
Building Ceiling Height: 9
Current Use: Mixed Use
Days on Site: 129
Exterior: Brick
Lot Dimensions: 0
Parking: Paved, Parking Lot
Parking Spaces: 12
possible Use: Office, Convenience Store, Laundromat, Medical/Dental, Multi-Family, Tavern, Restaurant, Retail, Office/Retail
Sewer: Public Sewer
SQFT Building Available: 3106
SQFT Office Available: 3106
SQFT Retail Available: 3106
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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