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    2056 Central Ave Albany, NY 12205

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    For Sale
    $2,499,000

    9,247 SF former auto dealership with showroom and service center.

    Property size:
    9,247 SF
    Lot size:
    2.68 Acres

    Property Features for 2056 Central Ave

    General Information

    Size
    9,247 SF
    Lot size
    2.68 Acres

    Source: Carrow Real Estate Services Agent Kyle Bradley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Auto Dealership on Central

    The property is a +/- 9,247 square foot former high-end auto dealership for sale. It features high visibility along Central Avenue, with 263 feet of frontage and over 21,000 ADTV. The site is located within a prominent auto dealership corridor, with fifteen dealerships within a three-mile radius. The property includes a front showroom with six private offices and a service center with three drive-in doors. The service center also has a private office and a full bathroom with a shower. There is a twenty-six space surface car parking lot. The property offers high-end flex space on approximately 1.59 acres, suitable for numerous commercial uses. The property includes 9 Marilou Street, a 0.25-acre paved lot at the rear of the property. There is potential to purchase the total portfolio, which consists of approximately 3.92 acres, a commercial building, duplex, single-family residence, and multiple garages. The property is suitable for auto shops, automotive properties, retail properties, showrooms, and individual retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Karma Albany Karma Dealer ChargePoint Charging Station Electric Vehicle Charging Station Bul Auto Sales ... Used Car Dealer Alfa Romeo of Albany Car Dealer Delorean Albany Car Dealer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    JD Tire, Adirondack Tire & Service, Capital Tint and Graphics, Byrider Albany, DeNooyer Collision Center

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Albany
    State
    New York
    Longitude
    -73.8709801
    Latitude
    42.7503281

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    FAQs

    What type of property is this?
    Auto shop - 9,247 SF former auto dealership with showroom and service center.
    Where is this auto shop located?
    The property is located at 2056 Central Ave Albany, NY.
    What is the asking price?
    The asking price for this property is $2,499,000.
    What are key features of this property?
    This property features: - High visibility location on Central Avenue with 263 feet of frontage and over 21,000 ADTV.; - Former high-end auto dealership with existing showroom, six private offices, and service center.; - Service center includes **three drive-in doors, private office, and full bathroom with shower.**
    (518) 462-7491
    Request Owner's contact information
    2056 Central Ave Albany, NY 12205
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    Albany, NY 12205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2056 Central Ave Albany, NY 12205
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