54 James Street, Albany, NY 12207

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Property Description

PRICE REDUCED BY $50,000! Seize this standout opportunity to own a versatile mixed-use property positioned directly across from Tricentennial Park in one of downtown Albany's most walkable corridors. This value-add asset features a high-visibility street-level commercial space with prime pedestrian traffic and picturesque park views--ideal for retail, office, or service use. The current commercial tenant is flexible, offering options for a new lease, business sale, or relocation for an owner-occupant. Upstairs, a one-bedroom residential unit leased through August 2026 provides immediate income, with significant upside as current rents are well below market value. This space also offers the flexibility to serve as a private office or live/work suite. With a roof replaced in August 2020 and immediate access to downtown offices, dining, and transit, this property is a compelling find for investors and owner-occupants alike. Offered AS-IS; buyers to perform own due diligence. Showings by appointment only--please do not disturb tenants.

54 James Street | MLS# 202613937

This commercial property located at 54 James Street, Albany, NY 12207 is currently listed for sale with an asking price of $299,900. James Street is located within the Albany school district. Search Albany real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Office

Basement: Yes

Basement: Interior Entry, Unfinished

Cooling: Window Unit(s)

Heating: Baseboard, Electric, Natural Gas

Lot Size: 0.01 Acres

Roof Type: Flat, Rubber

Stories: 2.0

Taxes: $7,046

Year Built: 1910

Feature Descriptions

Current Use: Apartment Plus, Restaurant

Days on Site: 51

Exterior: Brick

Flooring: Tile, Vinyl, Hardwood

Lot: Road Frontage

Lot Dimensions: 24.6 X 21.3

Parcel #: 010100 76.34-3-7

Parking: Public Parking, On Street

Parking Total: 0

Security: Smoke Detector(s), Carbon Monoxide Detector(s), Closed Circuit Camera(s)

Sewer: Public Sewer

SQFT Building Total: 1008

Water: Public

Local Schools

High School: Albany

School District: Albany

Demographics

Listed By / Shown By

Listing By

Agency Name: Kellie Kieley Realty LLC
Agency Phone: 1 518-225-0454

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

54 James Street, Albany, NY 12207

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 05/16/2026. The listing information on this page last changed on 05/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 05/16/2026 12:07:07 AM EST) or Global MLS (last updated Fri 05/15/2026 10:55:18 AM EST) or New York State Alliance MLS (last updated Sat 05/16/2026 12:02:56 AM EST) or Hudson Valley Catskill Region MLS (last updated Sat 05/16/2026 12:01:15 AM EST) or OneKey MLS (last updated Sat 05/16/2026 12:00:22 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.

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54 James Street, Albany, NY 12207

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Property Description

54 James Street | MLS# 202613937

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Property Features

Feature Descriptions

Local Schools

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54 James Street, Albany, NY 12207

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54 James Street, Albany, NY 12207

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