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402 Broadway Albany NY 12207
Price $ 750,000
Listing ID 202614828
Property Type Retail/Commercial
House Size 3796
Lot Size 1209
Description
Right in the heart of Downtown Albany, this beautiful brick commercial property is ready for its next owner! This is a true powerhouse investment, offering a prime commercial storefront with two display windows and three rented residential units above. Currently producing $4,250/month with a full rent potential of $6k+/month, this building sits at a solid 8.5% cap rate and is priced to move. The possibilities for the commercial space are endless - previously used as a successful esthetician's salon and office space, it's a perfect canvas for a boutique, coffee shop, or creative studio. The location is unbeatable: the bus line is right outside the front door, and you're within walking distance to the SUNY building, universities, parking garages, stores, restaurants, the Palace Theatre, and more. Don't miss out on a turnkey opportunity in the center of the city. Schedule your showing today!
Location
Property Features
 Close to shopping
 Near highway/freeway
 Near schools
 Public transportation access
 Game room
 In-suite laundry
 Meeting room
 Storage locker
 3 or more car garage
 Den/study room
 Eat-in kitchen
 Guest room
 Hardwood flooring
 Recreation room
 Security system
Listed By:   Willie Miranda   Miranda Real Estate Group, Inc.  518-348-2060
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