497 Washington Avenue
Albany, NY 12206
2
Bed
1
Bath
1,924Sqft
0.09Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Has Basement: Yes Basement: Unfinished -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Cooling: None
-
Building Information
Year Built: 1910 Construction Materials: Aluminum Siding, Brick Private Pool: No -
Exterior Features
Exterior Features: None
-
Lot Information
Main Square Feet: 0.09 Acres Lot Size Acres: 0.09 Lot Size Square Feet: 3920.4
-
Listing Price Information
Listing Price: $199999 Original Price: $250000
-
Tax Information
Parcel Number: 010100 65.54-4-63 Tax Lot: 63.000 Tax Block: 4 Annual Tax: $4791.82
-
Virtual Tour
Parking Information
Parking Total: 1
-
School Information
Elementary School:Junior High School:Senior High School: Albany -
Utility Information
Sewer Connected -
Location Information
Direction: Washington Ave between Quail Street and South Lake Street. WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 13 Lexington Avenue, Albany, NY, 12206 | $130,000 | 5 | 2 | 1,532 | 1,532 SqFt |
| 257 Elk Street, Albany, NY, 12206 | $175,000 | 6 | 2 | 1,452 | 1,452 SqFt |
| 290 3rd Street, Albany, NY, 12206 | $100,000 | 5 | 2 | 1,876 | 1,876 SqFt |
| 300 3rd Street, Albany, NY, 12206 | $174,999 | 5 | 2 | 1,400 | 1,400 SqFt |
| 313 1st Street, Albany, NY, 12206 | $260,000 | 6 | 3 | 2,100 | 2,100 SqFt |
| 318 1st Street, Albany, NY, 12206 | $230,000 | 5 | 3 | 2,100 | 2,100 SqFt |
| 402 2nd Street, Albany, NY, 12206 | $89,900 | 6 | 2 | 2,300 | 2,300 SqFt |
| 199 N Lake Avenue, Albany, NY, 12206 | $320,000 | 8 | 2 | 2,032 | 2,032 SqFt |
| 187 N Lake Avenue, Albany, NY, 12206 | $299,000 | 8 | 2 | 2,372 | 2,372 SqFt |
| 385 Washington Avenue, Albany, NY, 12206 | $334,000 | 3 | 3 | 2,784 | 2,784 SqFt |
Similar Multifamily To 497 Washington Avenue
Nearby For Sale
© 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. Copyright © 2026 Global Multiple Listing Service, Inc. All Rights Reserved.
ByOwner last updated this listing 07/19/2026 @ 19:34
More Cities with for Sale by Owner Homes
- Albany Homes For Sale By Owner
- Rensselaer Homes For Sale By Owner
- Glenmont Homes For Sale By Owner
- Loudonville Homes For Sale By Owner
- East Greenbush Homes For Sale By Owner
- Watervliet Homes For Sale By Owner
- Colonie Homes For Sale By Owner
- Wynantskill Homes For Sale By Owner
- West Sand Lake Homes For Sale By Owner
- Slingerlands Homes For Sale By Owner
- Troy Homes For Sale By Owner
- Delmar Homes For Sale By Owner
- Latham Homes For Sale By Owner
- Selkirk Homes For Sale By Owner
- Castleton on Hudson Homes For Sale By Owner
- Guilderland Homes For Sale By Owner
- Cohoes Homes For Sale By Owner
- Poestenkill Homes For Sale By Owner
- Averill Park Homes For Sale By Owner
- Nassau Homes For Sale By Owner
Homes around $199,999
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.