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Automotive Service Property
For Sale
$950,000

368 Central Avenue, Albany, NY 12206

COMMERCIAL - Other - Albany, NY

Property Size16,420 SF
Lot Size0.86 Acres
Price / SF$57.86
Days on Market205

Property Features for 368 Central Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking 25
Parking features Off Street, Garage
Lot features Road Frontage
Elementary school Philip J. Schuyler Achievement
High school Albany
Elementary school district Albany
Middle school district Albany
High school district Albany
Directions I-90 to Central Avenue toward Albany. Building is on the right next to the William F. Wignad VFW Post.
Standard status Active
APN 010100 65.54-1-18
Size 16,420 SF
Lot size 0.86 Acres

Taxes and HOA fees

Tax Annual Amount 24330

Utilities

Sewer type Public Sewer
Heating system Oil, Natural Gas
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1908
Floors in Building 1
Flooring type Concrete
Building materials Block, Brick
Roof type Rubber
Architectural style Other
Listing Agency: Hanna Commercial
Listed By: Jessica L Richer · License #10301202070
Added: Jan 19 Changed: Aug 4 Last Checked: Aug 12 at 10:06PM
MLS# 202610816

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This listing offers the real estate for an established automotive service operation, with the owner willing to consider a lease of the property with an option to purchase. A separate listing is available for the business, including FF&E and inventory for Watkins Spring Co. (heavy duty suspension services). The business is described as having over 4,000 accounts and a long operating history, and qualified buyers are asked to sign an NDA and provide proof of funds.

The property is located at 368 Central Avenue in Albany, New York (Albany County). The listed zoning is Mixed.

The site totals 0.86 acres, and the property size is provided as 16,420 square feet.

Key Highlights

  • Block and brick construction with concrete flooring
  • Heated by oil and natural gas; wall unit cooling
  • Roof material: rubber

Property Analytics

Current Use

Watkins Spring Co (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Acupuncture Furniture & Home Goods Storage Facility Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,647
Businesses Nearby
59k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 50%
McDonald's Dining
17,748 visits/mo 0.0 miles
Burger King Dining
11,928 visits/mo 0.2 miles
Exxon Shops & Services
7,137 visits/mo 0.2 miles
Hoffman Car Wash Shops & Services
6,879 visits/mo 0.5 miles
Family Dollar Shops & Services
6,766 visits/mo 0.2 miles

Demographics for 12206, NY

17,219
Population
8,641
Households
2
Avg Household Size
32
Median Age
26%
College-Educated
84%
High-School Grad
2.1 sq mi
ZIP Area
8,200
Density / Sq Mi
$38,931
Median Household Income
$28,087
Median Earnings
$1,189
Median Rent
$162,300
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Firestone Complete Auto Care 188 Central Ave, Albany, NY 12206
  • Paul's Garage 230 Ontario St, Albany, NY 12203
  • Thompson's Garage 504 Yates St, Albany, NY 12208
  • D & S Body Shop 465 Jay St, Albany, NY 12203
  • Bridgestone Albany, NY 12206

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive service real estate for sale on a 0.86-acre lot, with owner considering lease options with purchase.
Where is this auto shop located?
The property is located at 368 Central Avenue Albany, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Block and brick construction with concrete flooring; Heated by oil and natural gas; wall unit cooling; Roof material: rubber
More about this property
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