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Established Delicatessen Business For Sale
For Sale
$149,999

718 Central Avenue, Albany, NY 12206

Turn-key delicatessen business with equipment and assumable lease.

Property Size6,384 SF
Price / SF$23.50
Days on Market80

Property Features for 718 Central Avenue

General Information

Standard status Active
Size 6,384 SF
Property subtype Commercial
Listing Agency: FIELD REALTY
Listed By: JAMES F LYMAN · License #10401326488
Source: Corcoran
Added: May 14 Changed: Jul 10 Last Checked: Aug 1 at 5:56AM

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 FIELD REALTY

Investment Insights

Based on property information with market context.

A turn-key delicatessen business is available for purchase, situated in a high-traffic location in Albany, NY. The sale includes all equipment necessary for operation, such as a walk-in cooler, gas stove, and slicers. The business benefits from an assumable lease with over two years remaining, plus an option for renewal at the end of the term. Off-street parking is available. The property has potential for expanding the scope of the current business. The property size is 6384 square feet.

Key Highlights

  • Turn‑key, well‑established delicatessen business for sale.
  • High traffic exposure location in Albany, NY.
  • Includes all equipment: walk‑in cooler, gas stove, slicers, coolers, etc.

Property Analytics

Current Use

Ninos Deli And Subs Food Market ragenese Food Market Nino's Bakery LLC Bakery Ninos deli Food Market

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Veterinary Clinic Nursing Home Restaurant

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

1,122
Businesses Nearby
129k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 42% Groceries 31% Dining 20% Apparel 4%
Hannaford Groceries
26,365 visits/mo 0.4 miles
Dollar Tree Shops & Services
15,429 visits/mo 0.5 miles
Asian Food Market Groceries
13,159 visits/mo 0.5 miles
Dunkin' Donuts Dining
11,855 visits/mo 0.0 miles
Mobil Shops & Services
9,921 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key delicatessen business with equipment and assumable lease.
Where is this conventional restaurant located?
The property is located at 718 Central Avenue Albany, NY.
What is the asking price?
The asking price for this property is $149,999.
What are key features of this property?
This property features: Turn‑key, well‑established delicatessen business for sale.; High traffic exposure location in Albany, NY.; Includes all equipment: walk‑in cooler, gas stove, slicers, coolers, etc.
More about this property
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