BAC 2.5%
Beautiful architectural mixed-use opportunity in the heart of downtown Albany. Known as the historic Western Union building, this property carries a strong presence and character that stands out in one of downtown Albany’s most recognizable corridors.
The street-level commercial space offers excellent visibility and flexibility, with the ability to function as one open layout or potentially be reconfigured into two separate units (buyer to verify). The space is well-suited for retail, office, showroom, studio, or a variety of commercial uses looking to benefit from a downtown presence.
Upstairs, the second level features a spacious 2 bed, 2 bath residential unit with a long-term tenant already in place, providing immediate rental income and stability.
The rear portion of the property includes additional storage and/or office space with its own separate entrance, adding even more flexibility for operations, workspace, inventory, or future use.
Mixed-use downtown properties with this level of character, flexibility, and built-in income potential offer a unique opportunity to own a recognizable piece of downtown Albany while maintaining multiple avenues for future use and value.
Buyer to perform due diligence regarding zoning, permitted uses, and future development potential.
309 W 1st Ave
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