3 Watervliet Avenue Extension
- Commercial
- MLS # 202613486
Property Details
- Acres: 5.4
- Building Area: 115,304
- Town: Albany
- Property Type: Commercial
- Estimated Taxes: $185,351
- Water: Public
- Sewer: Public Sewer
- Heat: Other
- Exterior: Steel Beam, Brick
- County: Albany
- Cooling: Central Air
- Parking Spaces: 300
- Zoning: Commercial
- Available SqFt: 115,304
Remarks
Albany Plaza: +/-115,305 SF, 215-key economy hotel on +/-5.40 acres directly off I-90 (Everett Rd Exit 5) with 90,124 AADT and exceptional visibility. 9-story, fully sprinklered asset with 2 elevators and 300 parking spaces. Built 1972, renovated 2016. Features full-service restaurant & bar, 10,000+ SF meeting/event space, indoor & outdoor pools. Zoned MU-CH (Community Highway) offering significant repositioning or redevelopment potential. Former Ramada, now independently operated, non-union. Rare value-add hospitality opportunity offered at $8,000,000 ($69.38 PSF / $37,209 per key).
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Contact an Agent

Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net

Daniel Davies
NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net
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