Rare Albany Commercial Opportunity - Five Lots Combined! Bring your vision to 852-854 Madison Avenue and 487-489 & 491 Yates Street, a unique commercial offering consisting of five combined lots with an expansive footprint in Albany.
The property features a fully gated, asphalt-paved parking lot with handicap-accessible rear entry, providing convenience for customers, clients, employees, or tenants. The existing building offers a flexible layout that can accommodate a variety of commercial uses, professional services, office configurations, or redevelopment concepts, subject to zoning and approvals.
The first floor includes six private rooms, a spacious reception/intake area, and two bathrooms. The second floor provides two large offices, a generous meeting/conference room, additional storage, and another bathroom. The existing configuration provides a strong starting point for an owner-user, investor, or developer looking to adapt the property to a new use.
With multiple lots, dedicated parking, a functional existing building, and a convenient Albany location, this property offers an opportunity to acquire, reposition, expand, or redevelop.
Bring your business plan. Explore the possibilities. Build your next opportunity in Albany.
Property Type(s):
Commercial
|
Last Updated
|
4/30/2026
|
Year Built
|
1920
|
|
County
|
Albany
|
SCHOOLS
| Elementary School |
Albany School of Humanities |
| High School |
Albany |
Price History
|
Prior to Apr 30, '26
|
$449,900 |
| Apr 30, '26 - Today |
$429,900 |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Hot Water |
| LOT |
3920 sq ft |
| LOT DIMENSIONS |
44 x 94 |
| SEWER |
Public Sewer |
| STORIES |
1 |
| TAXES |
12730.46 |
| UTILITIES |
Sewer Connected |
| WATER |
Public |
Location
This listing courtesy of Revision Real Estate
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
Request More Info
Schedule a Showing
Share
Print
Twitter
Facebook
Email