558 Madison Ave, Albany, NY 12208

3,408 SF | 100% Leased | Retail Building | Albany, NY 12208 | $800,000 ($235/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $800,000

Sale Condition
Deferred Maintenance
Property Type
Retail
Square Feet
3,408 SF
Price / Square Foot
$235

Listing Contacts

Brendan Dal Col
Verified Profile
  • Property Info

Property Overview

**CAN BE SOLD AS A PACKAGE WITH 552 MADISON AVENUE** Extremely rare opportunity to acquire and develop one of the most coveted buildings in Albany, the long-desired mixed-use building on the corner of Madison and New Scotland Avenue, just blocks from Albany Medical Center. The building contains an extremely spacious commercial space spanning the entirety of the first floor and three 1BD units up above, floor plans included in docs. While renovation is needed, this is a unique and rare opportunity for a discerning buyer to revitalize the building and enhance the community. Ideal for both owner-occupiers and investors, but serious inquiries only.

Property Details

Year Built
1901
Stories
3
Property Subtype
Storefront Retail/Residential
Lot Size (sq. ft)
2,178 SF

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