Description
Iconic Downtown Albany Investment Opportunity! Discover +/-10,085 SF of prime mixed-use space at the bustling corner of North Pearl & Columbia Streets. This four-story historic buildingoriginally constructed in 1850 and thoughtfully renovated in 2020features five fully leased market-rate apartments and two high-visibility retail storefronts. Zoned MU-DT, the property offers excellent exposure and foot traffic in Albany's vibrant downtown district. Includes a passenger elevator and strong rental history. One retail space is currently vacant, presenting a rare opportunity for an owner-occupant or additional tenant income. Offered at $1,190,000 ($118/SF), this is a turnkey asset ideal for investors seeking value, stability, and upside potential in a dynamic urban market.
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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10,085SQFT
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$118$/SQFT
School Ratings & Info
Description
Iconic Downtown Albany Investment Opportunity! Discover +/-10,085 SF of prime mixed-use space at the bustling corner of North Pearl & Columbia Streets. This four-story historic buildingoriginally constructed in 1850 and thoughtfully renovated in 2020features five fully leased market-rate apartments and two high-visibility retail storefronts. Zoned MU-DT, the property offers excellent exposure and foot traffic in Albany's vibrant downtown district. Includes a passenger elevator and strong rental history. One retail space is currently vacant, presenting a rare opportunity for an owner-occupant or additional tenant income. Offered at $1,190,000 ($118/SF), this is a turnkey asset ideal for investors seeking value, stability, and upside potential in a dynamic urban market.
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