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891 Madison Ave 4,489 SF Retail Building Albany, NY 12208 $548,529 CAD ($122.19 CAD/SF)
Investment Highlights
- Mixed use property with tons of potential.
- Two bedroom second floor provides convenient on-site living or rental income.
- Located on busy road with signalized intersection.
- Space for office or retail capabilities.
Executive Summary
Discover exceptional flexibility and visibility in this versatile mixed-use property located in the vibrant Pine Hills area of Albany. Featuring an expansive open floor plan, private parking and steady foot traffic- this space offers endless potential for retail, office, studio, or creative use. The second floor offers a beautiful two bedroom apartment with natural light and gleaming hardwood floors. The third floor could be finished to increase square footage & cash flow opportunity.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Funeral Home
Building Size
4,489 SF
Building Class
C
Year Built
1920
Price
$548,529 CAD
Price Per SF
$122.19 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.61
Lot Size
0.17 AC
Zoning
MU-NC - The Mixed-Use Neighborhood Center provides for moderate density housing options and limited mixed-use development.
Parking
20 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
48’ on Madison Ave
Amenities
- Signage
- Signalized Intersection
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010100-064-068-0001-042-000-0000 | Improvements Assessment | $188,522 CAD |
| Land Assessment | $406,309 CAD | Total Assessment | $594,830 CAD |
Property Taxes
Parcel Number
010100-064-068-0001-042-000-0000
Land Assessment
$406,309 CAD
Improvements Assessment
$188,522 CAD
Total Assessment
$594,830 CAD
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891 Madison Ave
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