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New
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$8,000,000

For Sale

A day ago

MLS® 202613486

0 Bed

0 Bath

115304 sqft

300 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size 115304 sqft
Garage No
HOA Fees 
Taxes $185,351
Days Active 1
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

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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