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$ 750,000
Est. payment /mo
Active
402 Broadway Albany, NY 12207
3,796 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,796 sqft
Price per Sqft $197
MLS Listing ID 11690461
Year Built 1880
Annual Tax Amount $5,364
Lot Size 1,209 Sqft
Property Description
Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, store, restaurants, the Palace Theatre and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!
Location
State NY
County 36001
Rooms
Dining Room 0
Kitchen 0
Building
Story 4
Sewer Municipal