260 Washington Ave Albany, NY 12210

Property Details for 260 Washington Ave

Year built

1920

Lot size

0.27 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located at 260 Washington Avenue, Unit 260, in Albany, New York, presents a unique investment opportunity. Situated on a sizable 0.27-acre lot, this property offers significant potential for a variety of commercial uses. The building itself is categorized as "Other," indicating a flexible zoning classification that may accommodate a range of business ventures. The asking price is $2,500,000, reflecting the property's prime location and development potential within the vibrant Albany market. The property's address, 260 Washington Avenue, Unit 260, places it in a strategic location within the city, offering convenient access to major transportation routes, amenities, and a thriving business community. Given the size of the lot and the "Other" property type designation, interested parties are encouraged to conduct their own due diligence regarding permitted uses and development possibilities. The substantial acreage provides ample space for expansion or redevelopment, making this an attractive proposition for investors seeking a high-return opportunity in a desirable urban setting. Further investigation into zoning regulations and potential uses is recommended to fully assess the property's potential. This is a rare chance to acquire a significant commercial property in a key Albany location. The substantial price reflects the property's potential and the desirability of its location.