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Mixed-Use Building with Warehouse
For Sale
$899,000

233 CENTRAL AVE, Albany, NY 12206

Versatile commercial property combines storefront, office, warehouse, and unfinished upper-level spaces in one building.

Property Size43,520 SF
Price / SF$20.66
Days on Market315

Property Features for 233 CENTRAL AVE

General Information

Standard status Active
Size 43,520 SF
Property subtype Mixed Use

Property Condition

Severity Repairs Needed
Evidence cosmetic enhancement

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $51,650

Amenities

conference rooms
lounge area
A/C - Other
3
Hardwood, Concrete, Carpet
Rubber
12 Parking Spaces. Paved Driveway.
138.1X160
Clear lot.

Building Details

Building Size 43,520 SF
Listing Agency:
Listed By: Clancy Real Estate
Source: Xome
Added: Oct 21, 2025 Changed: Aug 31 Last Checked: Aug 31 at 2:32PM

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 Clancy Real Estate

Investment Insights

Based on property information with market context.

This mixed-use commercial building contains approximately 43,520 square feet across several functional areas. The property includes storefront space, a substantial office component with shared areas, private offices, conference rooms, and restrooms, plus a rear warehouse with two loading areas. Upper-level space includes a studded apartment interior and a separate office and lounge area. A former dry-cleaning area is located above the warehouse. Interior finishes include hardwood, concrete, and carpet, with other air-conditioning service noted. The building is being offered in as-is condition, with cosmetic improvements identified for the office areas.

The property includes a paved driveway and a 12-space parking area on a clear lot measuring 138.1X160. Its Central Ave location places the building along an established commercial corridor in Albany.

Key Highlights

  • Approximately 43,520 sq ft mixed‑use commercial building
  • Storefront, office areas, conference rooms, restrooms, and rear warehouse
  • Warehouse includes two loading areas

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Furniture & Home Goods Electrical Service

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
Paved road access

Location Intelligence

Trade Area within ½ mile

2,825
Businesses Nearby

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile commercial property combines storefront, office, warehouse, and unfinished upper-level spaces in one building.
Where is this mixed-use property located?
The property is located at 233 CENTRAL AVE Albany, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 43,520 sq ft mixed‑use commercial building; Storefront, office areas, conference rooms, restrooms, and rear warehouse; Warehouse includes two loading areas
More about this property
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