1881 Western Ave - Medical FOR SALE


Albany, NY 12203
$3,500,000 USD
518-462-7491
1881 Western Ave, Albany, NY for Sale
$3,500,000 USD
Medical - FOR SALE
1/17
null | Request Cap Rate

1881 Western Ave
Albany, NY 12203


HIGHLIGHTS

  • +/-25,085 SF multi-tenant office / retail building on +/-3.1 acres
  • Located across from Pioneer Bank, Cumberland Farms, and Ace Hardware at signalized intersection
  • 18' clear ceiling height
  • 32,185 AADT
  • 113 on-site parking spaces

OVERVIEW

+/-25,085 SF multi-tenant office / retail building on +/-3.1 acres located across from Pioneer Bank, Cumberland Farms, and Ace Hardware at signalized intersection just seconds from Crossgates Mall, Stuyvesant Plaza, and the University at Albany. 32,185 AADT. 18' clear ceiling height. Fully sprinklered. Municipal water & sewer. 113 on-site parking spaces (4.5 spaces per 1,000 SF). Originally constructed in 1972 as a grocery store and gut renovated and converted to multi-tenant office in 2006.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

113

LAND DETAILS

LAND ACRES

3.1 AC

LAND SF

135,036 SF

ZONING

LB

APN/PARCEL ID

013089-051-012-0004-048-011-0000

ASK ABOUT THIS PROPERTY

Rudy LynchCarrow Real Estate ServicesMore Info
518-462-7491

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Rudy LynchCarrow Real Estate ServicesMore Info
518-462-7491

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.