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465 Madison Avenue Ext Albany, NY 12203

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For Sale
$489,000

Mixed-use property featuring a restaurant and two apartments for sale.

Property size:
3,200 SF

Property Features for 465 Madison Avenue Ext

General Information

Size
3,200 SF

Source: Pyramidbrokerage Agent Pyramid Brokerage Albany

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Restaurant with Apartments Above

This +/- 3,200 square foot property, formerly El Loco, is available for sale. The property features a turnkey restaurant on the ground floor, with two 1-bedroom apartments located above. Situated at the intersection of Lark Street and Madison Avenue, the location offers retail exposure and visibility. There is an opportunity to increase value through raising below-market rents. The property can be delivered vacant, making it suitable for an owner-occupier.
Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Auto Parts Store Pharmacy Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Albany
County
Albany
State
New York
Longitude
-73.8788198
Latitude
42.7180578

FAQs

What type of property is this?
Mixed-use property - Mixed-use property featuring a restaurant and two apartments for sale.
Where is this mixed-use property located?
The property is located at 465 Madison Avenue Ext Albany, NY.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: - Turnkey restaurant on the ground floor with two 1-bedroom apartments above.; - Iconic location at the intersection of Lark Street and Madison Avenue providing excellent retail exposure and visibility.; - Opportunity to drive value through increasing below market rents.
More about this property
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