




497 Washington Avenue, Albany, NY, 12206
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1910
Materials
- Construction materials: Aluminum Siding,Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 1,924
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 1,924
- Total interior livable area: 1,924 sqft
Property
Details
- Parcel number: 010100 65.54463
- Attached to another structure: Yes
- Special condition: Standard
Features
- Exterior features: None
Lot
- Lot size: 3,920 sqft
Parking
- Total spaces: 1
