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About the Listing o3100A - 30357
PRICE REDUCED BY $50,000! Seize this standout opportunity to own a versatile mixed-use property positioned directly across from Tricentennial Park in one of downtown Albany's most walkable corridors. This value-add asset features a high-visibility street-level commercial space with prime pedestrian traffic and picturesque park views--ideal for retail, office, or service use. The current commercial tenant is flexible, offering options for a new lease, business sale, or relocation for an owner-occupant. Upstairs, a one-bedroom residential unit leased through August 2026 provides immediate income, with significant upside as current rents are well below market value. This space also offers the flexibility to serve as a private office or live/work suite. With a roof replaced in August 2020 and immediate access to downtown offices, dining, and transit, this property is a compelling find for investors and owner-occupants alike. Offered AS-IS; buyers to perform own due diligence. Showings by appointment only--please do not disturb tenants.
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Baseboard,Electric,Natural Gas
- Fireplaces:
- Floor: Tile,Vinyl,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Interior Entry,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Road Frontage
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 24.6 X 21.3
- Zoning: Mixed
- Roof: Flat,Rubber
- Others:
- Sewer: Public Sewer
- Parking Features: Public Parking,On Street
Financial Details
- Tax Amount: $7,047
- Taxes w/Assessments: N/A
- Tax/Property ID: 010100 76.34-3-7
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
54 James St Albany, NY 12207
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