22 Clinton AveAlbany, NY 12207

For Sale
$2,890,000

Prime Albany location, 16,966 SF, high-end finishes.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A mixed-use building, located in the heart of downtown Albany, NY, presents a unique investment opportunity. Situated directly across from the Palace Theater, this three-story property, plus a finished basement, encompasses approximately 16,966 square feet on a 0.21-acre lot. The building comprises two parcels, 22 and 24 Clinton Avenue, and boasts 18 on-site surface parking spaces. The first floor features a former restaurant space, retaining its original infrastructure, ideal for a new culinary venture. The upper two floors house recently renovated Class A office space, currently occupied by a law firm, showcasing high-end finishes and a modern aesthetic. The building includes a passenger elevator and is fully ADA accessible. Its excellent condition and meticulous maintenance are evident throughout. Key features include a sprinkler system and ample parking. This property offers a blend of retail and office space in a vibrant, high-traffic area, surrounded by hotels and entertainment venues, making it an attractive investment for both owner-occupiers and investors seeking strong rental income. The building is also available for lease.

Highlights

  • Class A mixed-use building with office and retail space.
  • Downtown Albany location.
  • Across from the Palace Theatre.
  • Ground floor features a former Brown Derby restaurant space.
  • Upper floors offer beautifully renovated Class A office space.
  • Abundant nearby hotels and entertainment venues.

Property Details for 22 Clinton Ave

Property type
Other retail properties, Other office properties
Square Feet
16,966 SF
Class
A
Stories
3
Lot Size (sq. ft)
9,148 SF

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.6544088
Longitude
-73.7508861
22 Clinton Ave, Albany, New York

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22 Clinton Ave
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