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204 Lancaster St 4,123 SF Retail Building Albany, NY 12210 $887,332 CAD ($215.22 CAD/SF)
Investment Highlights
- A unique opportunity to own a versatile building in one of Albany's established corridors
- Ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses
- Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic
- Well-located mixed-use building offering flexibility and versatility
- Above the storefront are two residential apartments
- Property is ideal for investors or owner-occupants seeking a combination of commercial and residential use
Executive Summary
Mixed-Use Opportunity in Historic Albany!
Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. A unique opportunity to own a versatile building in one of Albany's established corridors.
Welcome to 204 Lancaster Street, a well-located mixed-use building offering flexibility and versatility. This historic property features a ground-floor retail space with strong street presence, currently operated as a tailor shop, and suitable for a wide variety of commercial uses. Above the storefront are two residential apartments. Situated in a vibrant Albany neighborhood with steady foot and vehicle traffic, this property is ideal for investors or owner-occupants seeking a combination of commercial and residential use. A unique opportunity to own a versatile building in one of Albany's established corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,123 SF
Building Class
C
Year Built
1930
Price
$887,332 CAD
Price Per SF
$215.22 CAD
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.37
Lot Size
0.04 AC
Zoning
Mixed
Frontage
16’ on Lancaster St
Amenities
- Bus Line
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Waldorf Tuxedo Company, Inc
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Waldorf Tuxedo Company, Inc | Retailer | - | - | - |
Walk Score®
Walker's Paradise (95)
Nearby Major Retailers
Property Taxes
| Parcel Number | 010100-076-023-0003-011-000-0000 | Improvements Assessment | $406,067 CAD |
| Land Assessment | $36,915 CAD | Total Assessment | $442,983 CAD |
Property Taxes
Parcel Number
010100-076-023-0003-011-000-0000
Land Assessment
$36,915 CAD
Improvements Assessment
$406,067 CAD
Total Assessment
$442,983 CAD
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204 Lancaster St
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