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

500 Northern Blvd, Albany, NY 12204, USA

Uniquely Positioned.
Powerfully Connected.
Fully Dedicated.

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500 Northern Blvd, Albany, NY 12204, USA

Pricing Info

  • Price : $ 4,000,000.00
  • Offered Lease/Month: $ 16,667.00
  • Tenant Pays: All property expenses

Description

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.

  • Potential Use: Apartment Plus,Business,Restaurant,Hotel,Office Plus,Land,Motel,Office,Retail,Shopping Center,Office/Warehouse,Mixed Use,Medical/Dental,Other
  • Listing Date: 2019-07-11

View on map / Neighborhood

  • 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
  • Sub Area: Albany City – North Central
  • County: Albany County

Property Overview

  • MLS #: 201900905
  • Type:
  • Status:
  • Zoning: MU-CH,Mixed Use/ComHWay
  • Building Total SqFt: 42000
  • # of Parking Spaces: 120

Building Information

  • Total Available SqFt: 42000
  • Floors: 2
  • Construction: Block
  • Condition: Fair
  • Roof: Metal/Shin
  • Age: 1960
  • Sewer: Yes

Property Details

  • Acres: 6
  • Heat System: Gas
  • Water: Public
  • Elevator #: 1

Listing Courtesy of:

  • Office Name: NAI Platform
  • Office Phone Number: 518-465-1400

Disclaimer

The information contained herein has been provided to us by Commercial & Industrial Real Estate Brokers, Inc., 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.