For Sale
$2,500,000

260 Washington Ave Albany, NY 12210

0.27-Acre Commercial Property, $2.5M

Overview

Added:
Feb 3
Days on market:
78
This exceptional commercial property, located at 260 Washington Avenue, Unit 260, in Albany, New York, presents a unique investment opportunity. Situated on a sizable 0.27-acre lot, this property offers significant potential for a variety of commercial uses. The building itself is categorized as "Other," indicating a flexible zoning classification that may accommodate a range of business ventures. The asking price is $2,500,000, reflecting the property's prime location and development potential within the vibrant Albany market. The property's address, 260 Washington Avenue, Unit 260, places it in a strategic location within the city, offering convenient access to major transportation routes, amenities, and a thriving business community. Given the size of the lot and the "Other" property type designation, interested parties are encouraged to conduct their own due diligence regarding permitted uses and development possibilities. The substantial acreage provides ample space for expansion or redevelopment, making this an attractive proposition for investors seeking a high-return opportunity in a desirable urban setting. Further investigation into zoning regulations and potential uses is recommended to fully assess the property's potential. This is a rare chance to acquire a significant commercial property in a key Albany location. The substantial price reflects the property's potential and the desirability of its location.

Property Details for 260 Washington Ave

Property type
Commercial real estate
Year Built
1920
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.65757
Longitude
-73.7655

FAQs

What type of property is this?
Commercial real estate - 0.27-Acre Commercial Property, $2.5M
Where is the commercial real estate located?
The property is located at 260 Washington Ave Albany, NY.
What is the asking price?
The asking price for this property is $2,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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260 Washington Ave
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