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$8,000,000
18 Days On Site
3 Watervliet Avenue ExtensionAlbany, NY 12206
For Sale|Hotel/Motel|Active
0
Beds
0
Total Baths
115,304
SqFt
$69
/SqFt
1972
Built
County:
Albany
Listing courtesy of Amber Hensley of Carrow Real Estate Services LLC
Call Now: 518.963.8181
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518.963.8181
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Monthly Payment (Est.)
$36,499Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
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).
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Listing Snapshot
Price
$8,000,000
Days On Site
18 Days
Bedrooms
N/A
Inside Area (SqFt)
115,304 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
5.4 Acres
Year Built
1972
MLS® Number
202613486
Status
Active
Property Tax
$185,350.59
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing first seen on site | |
| 3 weeks ago | Listing updated with changes from the MLS® |
General Features
Acres
5.4
Additional Property Use
IndustrialOfficeRetailWarehouseInvestmentMedical/DentalMulti-Family
Number Of Stories
9
Parking Spaces
300
Property Sub Type
Hotel/Motel
Security
Fire Sprinkler System
Sewer
Public Sewer
SqFt Total
115304
Utilities
Sewer Connected
Water Source
Public
Zoning
Commercial
Interior Features
Cooling
Central Air
Heating
Other
Interior
Elevator
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Exterior Features
Construction Details
Brick
Pool Features
In GroundIndoorOutdoor Pool
Roof
Rubber
Community Features
Association Amenities
None
Listing courtesy of Amber Hensley of Carrow Real Estate Services LLC
Listing information is provided by Participants of the Global MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Global MLS.
Last checked: 2026-04-06 08:52 AM UTC
Listing information is provided by Participants of the Global MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Global MLS.
Last checked: 2026-04-06 08:52 AM UTC
Neighborhood & Commute
Source: Walkscore
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