4 Clinton Sq Albany, NY 12207

5,437 SF 0.06 ac lot Built 1832

Entity Owned 15-yr Hold ~ Est. High Equity

Property ID

US63-2181846

$1,700,000 5,437 SF

4 Clinton Sq, Albany, NY 12207
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This exceptional opportunity presents the chance to acquire the historic McGeary's, a thriving bar and restaurant located in Albany, NY's vibrant entertainment district. The property, situated at 4 Clinton Square, boasts a prime location and substantial square footage. The 5,437 square foot building, constructed in 1890, features a main-level bar and restaurant with indoor seating for over 100 patrons and an outdoor patio capable of accommodating 80+. The building also includes an office and apartment on the second and third floors, adding to its versatility and potential. Currently operating at 75% occupancy, this turnkey operation offers both lunch and late-night dining services. The property sits on a 2,652 square foot lot and is zoned for commercial mixed use. The asking price for the business is $849,000, with an absolute NNN lease type. The building is a single-tenant property, offering a unique opportunity for ownership in a bustling downtown area. This three-story building represents a rare blend of historical charm and modern commercial viability. Don't miss this chance to own a piece of Albany's rich history and vibrant culinary scene.