197 Broad StAlbany, NY 12202

For Sale
$900,000

Prime Albany location, 3 buildings, renovated office.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional industrial property, totaling 9,800 square feet, presents a rare opportunity in Albany, New York. Located just three minutes south of downtown, this campus-style property boasts a highly desirable location adjacent to the Port of Albany, I-787 Interchange, Dunn Memorial Bridge, and Route 32. The 0.74-acre lot is fully fenced for enhanced security. The property comprises three buildings: Building #1 offers 4,000 square feet, including 2,600 square feet of newly renovated office space featuring a reception area, multiple offices, a kitchenette, restrooms, and a conference room. It also includes a 1,200 square foot unheated shop area with two 12x12 overhead doors and an exhaust system. Building #2 is a 4,000 square foot unheated warehouse with a 2,400 square foot mezzanine, a small office, and one 12x12 overhead door. Building #3 is a 1,800 square foot unheated warehouse with a 600 square foot mezzanine and one 12x12 overhead door. The property features a total of four dock-high doors, 16-foot ceiling heights (18' in Building #2, 14' in Building #3), and 200 amp/120-volt 3-phase power. Built in 1967 and renovated in 2021, this Class B property is zoned for industrial use and is perfect for owner-occupants or investors seeking a strong return. The asking price is $900,000, representing a price per square foot of $91.84.

Highlights

  • $900,000 asking price for a 9,800 SF industrial property in Albany, NY.
  • Class B, single-tenant industrial building with distribution, flex, and warehouse subtypes.
  • 9,800 square feet of net rentable space, priced at $91.84 per square foot.
  • Built in 1967, renovated in 2021, consisting of three buildings on a 0.74-acre lot with a full perimeter fence.
  • Features four dock-high doors and 16' ceiling height in some areas.
  • Prime location near the Port of Albany, I-787 Interchange, Dunn Memorial Bridge, and Route 32.

Property Details for 197 Broad St

Property type
Other warehouses, Other industrial properties
Square Feet
9,800 SF
Class
B
Year Built/Renovated
1967/2021
Buildings
3
Lot Size (sq. ft)
32,234 SF

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.635798717007
Longitude
-73.762654814976
197 Broad St, Albany, New York

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197 Broad St
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