Restaurant Space with Commercial
For Lease
$12,000/Mo NNN
1881 Central Avenue, Colonie, NY 12205
The former buffet layout includes dedicated food-preparation space and a sizable area for diners.
Space SizeContact for details
Days on Market474
Property Features for 1881 Central Avenue
General Information
Standard status
Active
Total Parking Spaces
75
Zoning
Commercial
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Space Use
Restaurant
Taxes and HOA fees
Annual Taxes
$1.00
Building Details
Year Built
1960
Buildings
1
Stories
2
Listing Agency:
Chad Majewski Real Estate
Listed By:
Chad Majewski · License #10371201846
(518) 774-0437
Source:
Chadmajewski
Added: Jul 9, 2025
Changed: Oct 23
Last Checked: Oct 23 at 3:12PM
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 Chad Majewski Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant space includes a commercial kitchen and a large dining area. The property was built in 1960 and is offered for lease under NNN terms, with utilities paid by the tenant.
The site is on Central Avenue at a signalized intersection. Nearby retail destinations include Target, Home Depot, Market 32, Walmart, and Colonie Center; I-87 and Wolf Road are also close by.
The site is on Central Avenue at a signalized intersection. Nearby retail destinations include Target, Home Depot, Market 32, Walmart, and Colonie Center; I-87 and Wolf Road are also close by.
Key Highlights
- Commercial kitchen and large dining area
- Restaurant premises at a signalized Central Avenue intersection
- Nearby retailers include Target, Home Depot, Market 32, and Walmart
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
228k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Shops & Services 26%
Apparel 22%
Groceries 17%
Kohl's
Apparel
48,119 visits/mo
0.4 miles
Aldi
Groceries
37,289 visits/mo
0.1 miles
McDonald's
Dining
17,876 visits/mo
0.3 miles
Mobil
Shops & Services
14,133 visits/mo
0.1 miles
7 Brew Coffee
Dining
14,019 visits/mo
0.2 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Dragon Buffet — 1881 Central Ave, Albany, NY 12205
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The former buffet layout includes dedicated food-preparation space and a sizable area for diners.
Where is this conventional restaurant located?
The property is located at 1881 Central Avenue Colonie, NY.
What is the lease rate?
The lease rate is $12,000/Mo.
What are key features of this property?
This property features: Commercial kitchen and large dining area; Restaurant premises at a signalized Central Avenue intersection; Nearby retailers include Target, Home Depot, Market 32, and Walmart
