69 Columbia StAlbany, NY 12210

For Sale
$299,000

2,000 SF Office, $299,000

Overview

Added:
Dec 11, 2024
Days on market:
93
This well-appointed, recently renovated 2,000 square foot office building presents a fantastic opportunity in Albany's vibrant downtown. Located just half a block from North Pearl Street, this Class C property offers a highly efficient layout ideal for owner-occupancy. The interior features four private offices, a reception area, both large and small conference rooms, and a convenient kitchenette. Two parking spaces are included in the rear lot, a significant advantage in a bustling urban setting. The building boasts exceptionally efficient mechanical systems, resulting in low utility costs, making the total cost of ownership significantly less than comparable leasing options. A lease option is also available at $17.00 per square foot, modified gross, plus utilities and janitorial services, with operating expense escalations after the first year. The asking price for the building is $299,000, translating to $149.50 per square foot. Existing furnishings are negotiable and can be included in the sale. This property offers a compelling combination of affordability, convenience, and modern amenities, making it an attractive investment for both owner-occupiers and investors seeking a strong rental income stream. The property is situated at 69 Columbia Street, Albany, NY 12210.

Highlights

  • $299,000 asking price for a 2,000 sq ft office building.
  • Located at 69 Columbia St, Albany, NY 12210.
  • Class C, traditional office building.
  • $149.50 per square foot.
  • Recently renovated with 4 private offices, reception area, conference rooms, kitchenette, and 2 parking spaces.

Property Details for 69 Columbia St

Property type
Other office properties, Office properties
Square Feet
2,000 SF
Class
C

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6525016
Longitude
-73.7516394
69 Columbia St, Albany, New York

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69 Columbia St
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