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781 Madison Ave Albany, NY 12208

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For Sale
$560,991

Two-story building with retail and residential units in Albany.

Property size:
4,700 SF
Lot size:
0.06 Acres

Property Features for 781 Madison Ave

General Information

Size
4,700 SF
Lot size
0.06 Acres

Source: Hanna Commercial Real Estate | Capital Region, NY Agent Philip Sabatino

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


Overview

Mixed-Use Building with Established Business

This two-story mixed-use building is situated on a corner lot in the Pine Hills area, conveniently located on the bus line. The first floor features a 1,560-square-foot dry cleaning business in excellent condition. The asking price includes the dry cleaning business, its furniture, fixtures, and equipment, in addition to the building itself. The second floor contains two apartments, each with two bedrooms, that generate rental income of $850 each. Each apartment has separate utilities. The building has been well-maintained despite its age. The property size is 4,700 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Towne Cleaners Dry Cleaner Albany Dependable Dumpsters Garbage Collection Service

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
-73.7798186
Latitude
42.6596656

FAQs

What type of property is this?
Retail space - Two-story building with retail and residential units in Albany.
Where is this retail space located?
The property is located at 781 Madison Ave Albany, NY.
What is the asking price?
The asking price for this property is $560,991.
What are key features of this property?
This property features: - Includes a dry cleaning business with FF&E and a mixed-use building with two apartments.; - Two 2-bedroom apartments on the second floor generate rental income ($850 each) with separate utilities.; - Dry cleaning business on the first floor is 1560 sq ft and in excellent/clean condition.
More about this property
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