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497 Washington Avenue

Albany, NY 12206
  • $250,000
  • STATUS: Active
  • MLS #: 202612292
UPDATED: 52 min ago
$250,000
  • 2
    BEDS
  • 0.09
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,924
    SQFT
  • $130
    $/SQFT
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

High School:
School District:

Description

Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential.

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© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-03-14T00:11:59.317.
www.heerrealty.com/homes/173247794
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497 Washington Avenue Albany, NY 12206

  • Price: $250,000
  • Status: Active
  • On Site: Days
  • Updated: 52 min ago
  • MLS #: 202612292
2
Beds
1
Baths
0
½ Baths
0.09
Acres
1,924
SQFT
$130
$/SQFT
1910
Built
County:
Albany
Area:
Albany
High School:
Albany
School District:
Albany
Property Description
Don't miss one of the best-priced commercial opportunities in Pine Hills! This mixed-use property offers immediate income with future upside in a highly visible location for your next business, just one block from the UAlbany Downtown Campus. The second floor features a leased 2-bedroom apartment secured through May 2027, providing stable income from the start. The vacant first-floor commercial space offers incredible flexibility. It is currently vacant and ready for your vision -- ideal for retail, office, studio, or service-based business. Close to Washington Park, the SUNY Albany downtown campus, and directly on the bus line, this property benefits from strong tenant demand, visibility, and convenience. This is a rare opportunity to secure a well-located mixed-use property in one of Albany's most active rental corridors with built-in income and future growth potential.
Exterior Features

Architectural Style Other Construction Materials Aluminum SidingBrick Door Features [] Exterior Features None Fencing [] Foundation Details [] Lot Features [] Other Structures [] Parking Features [] Parking Total 1 Patio And Porch Features [] Pool Features [] Roof [] View [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Basement Unfinished Cooling None Cooling YN No Fireplace Features [] Flooring [] Heating Natural Gas Heating YN Yes Interior Features [] Laundry Features []

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Association YN No Electric [] Green Energy Efficient [] Green Energy Generation [] Green Indoor Air Quality [] Listing Terms [] Other Equipment [] Owner Pays [] Property Condition [] Property Sub Type Duplex Security Features [] Sewer Public Sewer Special Listing Conditions Standard Tenant Pays [] Utilities [] Water Source Public

Listing information © 2026 Global MLS.
Listing provided courtesy of Elizabeth Koprucki of HS Capital Realty LLC: 518-729-8278.



© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-03-14T00:11:59.317.
 
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