402 Broadway Albany, NY 12207
Other
MLS #: 11690461
Courtesy Of Miranda Real Estate Group Inc
Property InformationDescription
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!
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 0
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Laminate
- Floors: 4
- Heating System: Forced Air
- MLSID: 11690461
- Roof Type: Flat
MAP & DIRECTIONS
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