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494 Washington Ave 444 SF Retail Building Albany, NY 12203 $189,000 ($425.68/SF)

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INVESTMENT HIGHLIGHTS

  • Well established
  • business is surrounded by residential housing
  • Heavy day time foot traffic

EXECUTIVE SUMMARY

Dan’s Place Two – A Legacy Business & Prime Albany Property Now for Sale
For the first time in decades, Dan’s Place Two, a beloved and long-standing fixture in Albany’s culinary scene, is officially offered for sale. This unique opportunity includes the building and all furniture, fixtures, and equipment (FF&E)—a true turnkey solution for entrepreneurs, investors, or restaurateurs looking to continue the legacy or create something new in a highly recognizable and established location.
Dan’s Place Two has been serving the Capital Region community for generations, known for its welcoming atmosphere, loyal customer base, and consistent, hearty fare. A true neighborhood institution, it’s not just a restaurant—it’s a place where memories have been made, families have gathered, and traditions have taken root. Its reputation for quality and familiarity has kept patrons coming back for decades.
The property itself offers a well-maintained, highly visible building situated in a convenient and accessible Albany location. The sale includes all FF&E, making this an ideal opportunity for a buyer seeking a ready-to-go food service operation or a commercial property with flexible potential for other uses.
Whether you're looking to carry on the Dan's Place Two tradition or reimagine the space for a new concept, this offering is a rare chance to own a piece of Albany history.
Serious inquiries only. Showings by appointment.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
444 SF
Building Class
C
Year Built
1935
Price
$189,000
Price Per SF
$425.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.04 AC
Zoning
R2B - Mixed-Use Form-Based Midtown See attached permitted use table
Frontage
20’ on Washington Ave

AMENITIES

  • Bus Line
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

bb.q Chicken
Bank of America
The YMCA
Starbucks
Equinox
Buffalo Wild Wings
KeyBank
Price Chopper
TrustCo Bank
Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-065-062-0002-014-000-0000
Land Assessment
$26,000
Improvements Assessment
$73,900
Total Assessment
$99,900
  • Listing ID: 37209031

  • Date on Market: 8/10/2025

  • Last Updated:

  • Address: 494 Washington Ave, Albany, NY 12203

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