NAI Platform | 14 Corporate Woods Blvd., Suite 100 Albany, NY 12211 | 518 465 1400

500 NORTHERN BLVD, Albany NY 12204-1033 | 6 Acres

Apartment Plus, Business, Restaurant, Hotel, Office Plus, Land, Motel, Office, Retail, Shopping Center, Office/Warehouse, Mixed Use, Medical/Dental, Other

For Sale | $4,000,000

Property Images

Property Overview

103 room Red Carpet Inn on 6 acres, minutes from downtown, near intersection of I-787, I-90 and Rt. 9 for sale ($4 million) or land lease for development ($200,000/yr). Located adjacent to new inline plaza, anchored by Dunkin’ Donuts and opposite Memorial Hospital. Property can continue as Red Carpet, easily convert to another flag or run as an independent. Property is ideal for redevelopment, topography is mainly flat and MU-CH zoning allows for almost any use.

Property Location

Directions

Albany Shaker or Old Nisky Rd to right onto Northern Blvd. Or Rt. 7 to I 787 to Highway 378, Menands Rd, Left onto Van Rensselaer, Right onto Northern

Property Information & Amenities

Property Details

Zoning: MU-CH,Mixed Use/ComHWay
Acres: 6.000000 Acres
Water: Public
Sewer: Yes

Building Details

Building Age/Year Built: 1960
Building Construction: Block
Roof Type: Metal/Shin
Building Stories: 2
# of Parking Spaces: 120 Spaces
Handicap Access: Yes
Heating: Gas
# of Elevators: 1

Square Footages

Building Total SF: 42000 SF
Building Available SF: 42,000 SF

Ceiling Heights

Building Ceiling Height: 8 FT

Contact Us About 500 NORTHERN BLVD, Albany NY 12204-1033 | 6 Acres


Anthony "Tony" Catalano

Real Estate Salesperson
518 465 1400 Ext. 206
tcatalano@naiplatform.com


Cory Tyksinski

Manager | Principal Broker
518 465 1400 Ext. 217
ctyksinski@naiplatform.com

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The information contained herein has been given to us by the owner of the property or by other sources we deem reliable; we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

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14 Corporate Woods Boulevard, Suite 100
Albany, New York 12211
+1 518 465 1400
naiplatform.com

The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.