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312-Room Full-Service Hotel
For Sale
Contact for pricing
Pending

205 Wolf Rd, Albany, NY 12205

Leasehold hotel interest with meeting facilities, pools, dining, and a broad range of guest amenities.

Property SizeContact for details
Days on Market143

Property Features for 205 Wolf Rd

General Information

Standard status Pending
Property subtype Hospitality

Site & Location

Highway Access Yes
Road Access Yes

Amenities

complimentary breakfast
restaurant
bar & lounge
business center
outdoor and indoor pools
hot tub
fitness center
game room
guest pantry
guest laundry
wireless high-speed internet

Building Details

Year Built 1975
Buildings 2
Listing Agency: JLL - Dallas | Cedar Springs, Texas
Listed By: Sean Ryan · License #N/A
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Dallas | Cedar Springs, Texas

Investment Insights

Based on property information with market context.

The offering comprises a leasehold interest in a 312-room, full-service hotel with two interior-corridor buildings: one two stories and one six stories. Built in 1975, the property includes 11,805 SF of meeting space and 6,187 SF of pre-function and other event space. On-site amenities include indoor and outdoor pools, a hot tub, fitness center, restaurant, bar and lounge, business center, game room, guest pantry, guest laundry, complimentary breakfast, and wireless high-speed internet. The hotel operates under the Red Lion brand, adopted in February 2018 following its most recent renovation.

At 205 Wolf Rd in Albany, the hotel is directly off I-87, which carries 98,907 VPD, and has frontage on Wolf Road with a reported 29,000 VPD. More than 965K SF of retail space and 1.6 MSF of office space lie within a one-mile radius. Albany International Airport is less than two miles away and averages 180 daily commercial arrivals and departures.

Key Highlights

  • 312‑room leasehold interest in a full‑service hotel
  • 11,805 SF of meeting space plus 6,187 SF of pre‑function and other event space
  • Two interior‑corridor buildings: one 2‑story and one 6‑story structure

Property Analytics

Current Use

Ramada by Wyndham ... Hotel & Motel Jalen's Water Mold ... Hardware & Home Improvement

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Building Supply Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

863
Businesses Nearby

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Leasehold hotel interest with meeting facilities, pools, dining, and a broad range of guest amenities.
Where is this hotel located?
The property is located at 205 Wolf Rd Albany, NY.
What are key features of this property?
This property features: 312‑room leasehold interest in a full‑service hotel; 11,805 SF of meeting space plus 6,187 SF of pre‑function and other event space; Two interior‑corridor buildings: one 2‑story and one 6‑story structure
(404) 995-2270 Call to check price and availability
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