497 Washington Avenue, Albany, NY 12206, Albany

$ 250,000

Overview

  • Updated On:
  • February 21, 2026
  • 2
  • Bedrooms
  • 1
  • Bathrooms
  • 1,924 ft2
  • Property Size

Description

Don’t miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus.

The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision — ideal for retail, office, studio, or service-based business.

Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience.

This is a rare opportunity to secure a well-located mixed-use property in one of Albany’s most active rental corridors with built-in income and future growth potential.

Address: 497 Washington Avenue, Albany, NY 12206
City:
State/County:
Zip: 12206
Country: United States

Property Id: 471792
Price: $ 250,000
Property Size: 1,924 ft2
Property Lot Size: 0 ft2
Bedrooms: 2
Bathrooms: 1
Listing Agent Email: emkoprucki@gmail.com
Listing Agent: Elizabeth Koprucki
Listing Agent Phone: 518-795-7016
Listing Office: HS Capital Realty LLC

Other Features
Has Heating System
None
Open Parking

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$ 1,281.80
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 969.30

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Colin McDonald

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