Loretta Weldner
Licensed Associate Real Estate Broker
REALTOR®
Johnstown, NY
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3 Watervliet Avenue Extension, Albany, NY 12206

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Property 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).

3 Watervliet Avenue Extension | MLS# 202613486

This commercial property located at 3 Watervliet Avenue Extension, Albany, NY 12206 is currently listed for sale with an asking price of $8,000,000. Search Albany real estate on loretta-weldner.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Investment
Cooling: Central Air
Heating: Other
Lot Size: 5.40 Acres
Roof Type: Rubber
Stories: 9.0
Taxes: $185,350
Year Built: 1972

Feature Descriptions

Association Amenities: None
Current Use: Hotel
Days on Site: 4
Exterior: Steel Beam, Brick
Lot: Road Frontage
Lot Dimensions: 235224
Parcel #: 010100 53.76-1-3
Parking Total: 300
Parking Total: 300
Pool: In Ground, Indoor, Outdoor Pool
Sewer: Public Sewer
SQFT Building Total: *
Swimming Pool: Yes
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Carrow Real Estate Services LLC
Agency Phone: 1 518-462-7491

Shown By

Agent Name: Loretta Weldner
Agent Phone: (518) 762-3808 Cell
Agency Title: Coldwell Banker Prime Properties

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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 03/22/2026. The listing information on this page last changed on 03/22/2026. 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 Sun 03/22/2026 12:35:28 PM EST) or Global MLS (last updated Sun 03/22/2026 12:22:12 PM EST) or New York State Alliance MLS (last updated Sun 03/22/2026 12:30:52 PM EST) or Hudson Valley Catskill Region MLS (last updated Sun 03/22/2026 12:31:26 PM EST) or OneKey MLS (last updated Sun 03/22/2026 12:27:10 PM 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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