5.4 Acres Lot
5.4 Acres Lot
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 946344
Rental Info No
Year Built 1972
Annual Tax Amount $226,143
Lot Size 5.400 Acres
Acres 5.4
Property Sub-Type Hotel/Motel
Source onekey2
Property Description
The hotel is currently operated independently (non-franchised), providing immediate operational continuity while also allowing flexibility for rebranding, soft-brand affiliation, or continued independent ownership, subject to buyer preference.
Strategically positioned with convenient access to Interstate 90, the property is minutes from Downtown Albany, the New York State Capitol, University at Albany (SUNY), major medical centers, and regional employment centers, offering strong accessibility and visibility.
Existing improvements include meeting and event space, restaurant and bar areas, indoor and outdoor pools, fitness center, business center, elevators, and additional ancillary facilities. Zoned C-2 Highway Business, the site offers potential for continued hospitality use or alternative commercial or institutional uses, subject to zoning and required approvals.
The property is non-union and offered as-is. Tours by appointment only. Do not disturb on-site operations or staff. Additional information available upon request to qualified parties.
Location
State NY
County Albany County
Interior
Heating Ducts, Heat Pump
Cooling Ductwork
Flooring Carpet, Ceramic Tile
Fireplace No
Appliance Convection Oven, Cooktop, Dishwasher, Dryer, Electric Oven, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s)
Exterior
Parking Features Parking Lot, Private
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected
Total Parking Spaces 300
Building
Story 9
Foundation Other, Block, Slab
Sewer Public Sewer
Water Public
Structure Type Block,Other
Others
Special Listing Condition None
Virtual Tour https://unbranded.youriguide.com/3_watervliet_ave_ext_albany_ny/
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