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Inline Restaurant Banquet Facility
For Sale
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1814 Central Ave., Colonie, NY 12205

Former restaurant/banquet space with strong corridor visibility via pylon signage along two major roads.

Property Size140,798 SF
Days on Market75

Property Features for 1814 Central Ave.

General Information

Standard status Active
Size 140,798 SF
Property subtype Retail

Additional Details

Traffic Count 42,000 vehicles/day

Building Details

Building Size 140,798 SF
Year Built 2003

Properties For Sale

at 1814 Central Ave. Contact us

1814 Central Ave

Type
Retail-Pad
Term
Negotiable
Contact us

1814 Central Avenue

Size
3,150 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency: IKON Realty Group
Listed By: Bruce Ginsburg · License #10301204641
Source: Ikonrealtygroup
Added: Jun 2 Changed: Aug 8 Last Checked: Aug 15 at 4:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IKON Realty Group

Investment Insights

Based on property information with market context.

This offering is an inline retail facility with a former restaurant/banquet use, totaling approximately +/-3,150 SF. The space is positioned as a turn-key option for operators seeking an established restaurant-oriented layout, with the improvements already aligned to food service and event-style hosting.

Visibility is a key strength. The property includes pylon sign placement along both Central Ave and New Karner Road, supporting brand presence for passersby from two directions. Traffic counts reported along Central Ave are approximately +/-41,769 cars per day, with approximately +/-21,832 cars per day reported for Rt. 155, creating meaningful exposure for retail and hospitality concepts.

With its restaurant and banquet history, the space should appeal to buyers or tenants looking for a facility built for serving and accommodating groups. Conceptually, it fits well for restaurant operators, catering-oriented businesses, or organizations that run events where dining setup and guest flow are central to the experience. NNN terms are referenced as estimated, supporting an investor-friendly structure for qualified purchasers and operators.

Key Highlights

  • ±3,150 SF inline former restaurant/banquet facility built in 2003
  • Pylon sign placement along both Central Ave and New Karner Road
  • Traffic counts include ±41,769 cars per day on Central Ave and ±21,832 cars per day on Rt. 155

Property Analytics

Current Use

Albany Recovery Guardians ... Medical Clinic Albany Towing Service Auto Parts Store What's Poppin Albany (Bike/Boat/Book/etc) Store Kohl's Plaza Shopping Center & Mall O'Toole's Restaurant Pub Bar & Pub

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Garden Center HVAC Service Restaurant Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby
222k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 30% Dining 25% Apparel 23% Groceries 17%
Kohl's Apparel
48,119 visits/mo 0.2 miles
Aldi Groceries
37,289 visits/mo 0.5 miles
McDonald's Dining
17,876 visits/mo 0.1 miles
Mobil Shops & Services
14,133 visits/mo 0.3 miles
Wendy's Dining
12,578 visits/mo 0.0 miles

Demographics for 12205, NY

27,168
Population
12,061
Households
2.3
Avg Household Size
45
Median Age
36%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
1,764
Density / Sq Mi
$89,270
Median Household Income
$54,184
Median Earnings
$1,405
Median Rent
$264,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Former restaurant/banquet space with strong corridor visibility via pylon signage along two major roads.
Where is this retail space located?
The property is located at 1814 Central Ave. Colonie, NY.
What are key features of this property?
This property features: ±3,150 SF inline former restaurant/banquet facility built in 2003; Pylon sign placement along both Central Ave and New Karner Road; Traffic counts include ±41,769 cars per day on Central Ave and ±21,832 cars per day on Rt. 155
More about this property
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