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Investment Highlights

  • Well established
  • business is surrounded by residential housing
  • Heavy day time foot traffic

Executive Summary

Dan’s Place Two – A Legacy Business & Prime Albany Property Now for Sale
For the first time in decades, Dan’s Place Two, a beloved and long-standing fixture in Albany’s culinary scene, is officially offered for sale. This unique opportunity includes the building and all furniture, fixtures, and equipment (FF&E)—a true turnkey solution for entrepreneurs, investors, or restaurateurs looking to continue the legacy or create something new in a highly recognizable and established location.
Dan’s Place Two has been serving the Capital Region community for generations, known for its welcoming atmosphere, loyal customer base, and consistent, hearty fare. A true neighborhood institution, it’s not just a restaurant—it’s a place where memories have been made, families have gathered, and traditions have taken root. Its reputation for quality and familiarity has kept patrons coming back for decades.
The property itself offers a well-maintained, highly visible building situated in a convenient and accessible Albany location. The sale includes all FF&E, making this an ideal opportunity for a buyer seeking a ready-to-go food service operation or a commercial property with flexible potential for other uses.
Whether you're looking to carry on the Dan's Place Two tradition or reimagine the space for a new concept, this offering is a rare chance to own a piece of Albany history.
Serious inquiries only. Showings by appointment.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
444 SF
Building Class
C
Year Built
1935
Price
$258,522 CAD
Price Per SF
$582.26 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.04 AC
Zoning
R2B - Mixed-Use Form-Based Midtown See attached permitted use table
Frontage
20’ on Washington Ave

Amenities

  • Bus Line
Very walkable
80/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Nearby Major Retailers

bb.q Chicken
Bank of America
Starbucks
KeyBank
Buffalo Wild Wings
Price Chopper
TrustCo Bank
Citizens Bank
Retro Fitness

Property Taxes

Property Taxes

Parcel Number
010100-065-062-0002-014-000-0000
Land Assessment
$35,564 CAD
Improvements Assessment
$101,083 CAD
Total Assessment
$136,647 CAD
  • Listing ID: 37209031

  • Date on Market: 2025-08-10

  • Last Updated:

  • Address: 494 Washington Ave, Albany, NY 12203

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