205 Wolf Road, Albany, NY 12205
205 Wolf Road, Albany, NY 12205
Redevelopment Opportunity | 12.7 Acre Site
Type | Development Site |
---|---|
Lot Size | 12.69 acres |
Zoning Code | COR |
Investment Highlights:
Meridian Investment Sales and Trinity Realty Group are pleased to present the exclusive offering for 205 Wolf Road — a 12.7-acre development opportunity located in Albany, New York. The
site is located right off the NYS Thruway with a three-minute drive to the Albany International Airport and a 15-minute drive to Downtown Albany. Currently the site includes one two-story building (formerly a Red Lion Hotel), one vacant six-story hotel (formerly, the Turf Inn) and approximately 648 parking spots. The two-story building is approximately 160,000 square feet and has 198 rooms, including a restaurant, two large ballrooms,
conference rooms and offices. The six-story building is approximately 70,000 square feet and includes 115 rooms, each with an exterior window, a bar/lounge space, game room and outdoor pool.
Situated on Wolf Road, a two-mile-long commercial corridor, this opportunity offers a blank canvas for a range of development opportunities.
The zoning is designated as COR, which allows for mixed-use development, combining retail, office, hotel, or residential uses.