Albany, NY 12209 · Albany County

This nearly 4,000-square-foot mixed-use property on Delaware Avenue presents an open canvas for retail, office, fitness, service, or combined concepts in Albany's walkable neighborhood. Built in 1899 and formerly operated as a neighborhood hardware store for over fifty years, the space is currently configured as a fitness facility. The building features a newer roof and has been maintained throughout ownership, with a partial basement and forced air systems. Public parking is available, and the location offers proximity to Albany's dining, cultural institutions, and regional recreation.
Blank slate opportunity in the heart of Albany's tight-knit, walkable Delaware Avenue neighborhood. Offering nearly 4,000 square feet, this open-concept commercial space provides endless possibilities for retail, office, fitness, service, or mixed-use concepts. Formerly home to a neighborhood hardware store spanning over five decades, the property is currently configured as a fitness facility. The building features a newer roof and has been well maintained throughout ownership. Gym equipment and/or business assets may be available separately. Listing agent to accompany all showings. Easy to show, inquire today!
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Albany is in Albany County, NY. There are currently 261 active listings here, ranging from $12,500 to $10,899,000. Priced 5% below the Albany median of $314,900.
See Sharon's Albany community guideSharon represents buyers for this property. Your tour, offer, and inquiries go through her, not the listing brokerage.
Miuccio Real Estate Group · Listed by Amanda Gould (33492)
Contact: 518-469-4639
MLS #202619354 · Source: Global MLS, Inc.
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Real numbers from current MLS data. Not a third-party estimate.
Activity across 2 MLS listings of this property.
Public assessment record for the Albany roll · Albany school district · One Story Small Structure
| Year | Assessed value | Full market value | Change |
|---|---|---|---|
| 2025 | $217,400 | $226,458 | +4.2% |
| 2024 | $217,400 | $217,400 | +29.0% |
| 2023 | $119,400 | $168,573 | +12.6% |
| 2022 | $119,400 | $149,774 | +12.3% |
| 2021 | $119,400 | $133,408 |
Assessed and full market values come from the local assessor and lag the market; the tax bill is the assessed value times the town, county and school rates, which the seller’s disclosure will show. STAR and other exemptions are not reflected here.
Outside FEMA-mapped flood hazard areas
This point is not inside any Special Flood Hazard Area or moderate-risk zone on the current FEMA flood map. Flood insurance is optional here and usually inexpensive.
See the official FEMA flood map for this pointSource: FEMA National Flood Hazard Layer, checked 2026-09-10. Zones are drawn by FEMA and can change; an elevation certificate governs insurance.