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Colonial Cleaners 177 N Allen St 3,122 SF Retail Building Albany, NY 12206 $424,582 CAD ($136.00 CAD/SF)



Investment Highlights
- Long standing business
- heavy foot traffic and on bus lines
- on main rd
Executive Summary
177 North Allen Street presents a compelling commercial investment opportunity in a highly visible corner location between Central Avenue and Washington Avenue. The longtime home of Colonial Cleaners, this well-established business successfully operated at the site for decades, demonstrating sustained demand driven by strong neighborhood density and commuter traffic. Zoned COR – Commercial Office Retail, the property allows for a wide range of uses, including office, retail, service, and mixed commercial applications. Existing dry-cleaning equipment is included and reported to be in good working order, offering a turnkey option for continued use or a solid platform for repositioning or adaptive reuse. While the building requires some TLC, its prime location, flexible zoning, and proven operating history create a clear value-add opportunity. Well-suited for investors, developers, or owner-users seeking upside in a desirable and active commercial corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,122 SF
Year Built
1920
Price
$424,582 CAD
Price Per SF
$136.00 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.50 AC
Frontage
30’ on Allen Street
Amenities
- 24 Hour Access
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Storage Space
- Fiber Optic Internet
- Smoke Detector
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (75)
Nearby Major Retailers
1 of 25
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Colonial Cleaners | 177 N Allen St
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