Building Details

Year Built 1940

Listing Agency: Gucciardo Real Estate LLC K***@gmail.com Show Phone

Listed By: Pavel Karakalchu · License #10401307281 Show Phone

Source: Xome

Added: Aug 16, 2025 Changed: Jul 10 Last Checked: Jun 15 at 1:37AM

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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 Gucciardo Real Estate LLC

Investment Insights

Based on property information with market context.

This offering includes both the property and the operating business: a well-established corner store and restaurant. The space is supported by a full commercial kitchen with proper venting, and it includes recent upgrades throughout, providing a turn-key option for an owner-operator.

The property is located just off Madison Avenue in a busy Albany neighborhood, and it is close to Washington Park and the University at Albany. This setting supports everyday customer traffic tied to local retail activity and nearby daytime demand.

For a tenant-buyer or investor seeking an owner-operated food and retail concept, the existing restaurant kitchen and updated interior can help reduce initial build-out needs. The corner configuration also provides a straightforward retail orientation for ongoing sales activity, whether operating as a restaurant, a store-and-restaurant blend, or another compatible use within the existing improvements.

Key Highlights

• Corner store and restaurant for sale as a combined real estate and business
• Full commercial kitchen with venting included
• Recent upgrades throughout, per listing description

Property Analytics

Property Profile

Current Use

Halal food Restaurant Elhariri Hot food Restaurant

Suggested Use

Top Pick Real Estate Agency Acupuncture HVAC Service Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

3,003

Businesses Nearby

17k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Mobil Shops & Services

9,894 visits/mo 0.5 miles

Exxon Shops & Services

7,137 visits/mo 0.5 miles

Demographics for 12208, NY

22,118

Population

11,522

Households

1.9

Avg Household Size

34

Median Age

56%

College-Educated

93%

High-School Grad

4.4 sq mi

ZIP Area

5,027

Density / Sq Mi

$69,505

Median Household Income

$39,268

Median Earnings

$1,291

Median Rent

$255,300

Median Home Value

Market

Vacancy Rate% for Retail in Albany, NY

5.4% 2020

4.8% 2021

5.5% 2022

4.7% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - For sale as a combined real estate and business, featuring a full commercial kitchen with venting and recent upgrades.

Where is this grocery and convenience store located?

The property is located at 301 Ontario Street Unit 301 Albany, NY.

What is the asking price?

The asking price for this property is $270,000.

What are key features of this property?

This property features: Corner store and restaurant for sale as a combined real estate and business; Full commercial kitchen with venting included; Recent upgrades throughout, per listing description