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1026 Madison Ave
Albany, NY 12208

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Seller will consider Seller financing/a purchase-money mortgage
  • Excellent signage and road visibility
  • Corner property at a main intersection
  • In the heart of Madison Avenue's main retail and restaurant corridor

EXECUTIVE SUMMARY

Owner is willing to hold papers. A well-known, former CVS location available for sale or lease. This prime location is situated prominently at the signalized intersection of Madison Avenue, with over 11,840 vehicles passing daily, and South Main, with a daily traffic count of 6,235 vehicles. Nestled in Albany's vibrant Pine Hills neighborhood, this property is minutes to St. Peter's Hospital, Albany Med, SUNY Albany, Albany Law, and Albany College of Pharmacy & Health Sciences.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,544 SF
Year Built
1900
Price
$795,575 CAD
Price Per SF
$144 CAD
Building Height
1 Story
Building FAR
0.84
Lot Size
0.15 AC
Zoning
MU-CU
Frontage
48 ft on Madison Avenue

AMENITIES

  • Signalized Intersection
  • Tenant Controlled HVAC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-064-059-0002-022-000-0000
Land Assessment
$101,016 CAD
Improvements Assessment
$478,704 CAD
Total Assessment
$579,720 CAD
  • Listing ID: 29939788

  • Date on Market: 2023-11-01

  • Last Updated:

  • Address: 1026 Madison Ave, Albany, NY 12208

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