407 Central Ave Albany, NY 12206-2372

Property Details for 407 Central Ave

Year built

1890

Lot size

0.03 lot acres

Property size

3,510 SF

Zone code

C3

Property type

Investment properties

Property subtype

Live-work space

APN

010100 65.46-1-44

APU

101006546144

Description

This exceptional mixed-use property, situated at 407 Central Avenue, Unit 407 in Albany, New York, presents a compelling investment opportunity. The property encompasses a 0.03-acre lot, offering significant potential for a variety of uses given its prime location. While the precise square footage is currently unavailable, the property's strategic positioning within Albany ensures high visibility and accessibility. The asking price is $399,999, representing a competitive entry point into the thriving Albany commercial real estate market. This mixed-use designation allows for flexibility in development and tenant occupancy, catering to a diverse range of business needs. The address, 407 Central Avenue, Unit 407, places the property within a dynamic commercial corridor, benefiting from high foot traffic and convenient access to major transportation routes. Further investigation into the property's specific zoning regulations and permitted uses is recommended to fully assess its development potential. This property is an ideal investment for those seeking a foothold in the Albany market or looking to expand their existing portfolio. The compact lot size, combined with the strategic location, makes this an attractive proposition for both established businesses and ambitious entrepreneurs. Serious inquiries are encouraged to explore the full potential of this unique mixed-use offering. The property is offered at a competitive price, reflecting its significant upside potential.