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Listed price in listed location currency (USD).
$8,000,000

00300

MLS® 202613486

  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size 115304 sqft
Garage 
Taxes $185,351
Days Active 33
Lot Size 
Approx. Age 1972
Avg. Price Per Sqft $69
MLS® Number 202613486

Property Address: 3 Watervliet Avenue Extension, Albany, NY, 12206

Average square foot calculated using Size range provided by listing agent.

Description

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).
MLS® Number202613486
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1972
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$8,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
3 Watervliet Avenue Extension, Albany, NY

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