Restaurant Business With
For Sale
$139,000
718 Central Avenue, Albany, NY 12206
Commercial Sale, Albany, NY
Property Size6,384 SF
Lot Size0.51 Acres
Price / SF$21.77
Days on Market138
Property Features for 718 Central Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed
Parking
12
Parking features
Off Street
Directions
Central Avenue and King St, Albany NY
Standard status
Active
APN
010100 64.28-1-18
Size
6,384 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Annual Amount
18522
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Flooring type
Vinyl, Tile
Building materials
Block, Vinyl Siding
Listing Agency:
Field Realty
(518) 495-1877
Listed By:
James F Lyman · License #10401326488
(518) 330-8360
Added: May 13
Changed: Sep 12
Last Checked: Sep 27 at 3:06AM
MLS# 202617128
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.
Restaurant business offered with the operating equipment in place, including a walk-in cooler, gas stove, slicers, and additional coolers. The property encompasses 6,384 square feet on 0.51 acres, with vinyl and tile flooring, block and vinyl siding construction, natural gas forced-air heat, and wall-unit cooling.
Located at 718 Central Avenue in Albany, the property has off-street parking and is served by public water and public sewer. An assumable lease with more than two years remaining includes an option at the end of the lease term. The existing setup supports continued delicatessen operations, while the source information also identifies the possibility of expanding the current business scope.
Located at 718 Central Avenue in Albany, the property has off-street parking and is served by public water and public sewer. An assumable lease with more than two years remaining includes an option at the end of the lease term. The existing setup supports continued delicatessen operations, while the source information also identifies the possibility of expanding the current business scope.
Key Highlights
- 6,384‑square‑foot restaurant property on 0.51 acres
- Business sale includes walk‑in cooler, gas stove, slicers, and coolers
- Assumable lease with 2+ years remaining and an end‑of‑term option
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,122
Businesses Nearby
129k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Albany, NY
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established delicatessen business with restaurant equipment, off-street parking, and an assumable lease option.
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 $139,000.
What are key features of this property?
This property features: 6,384‑square‑foot restaurant property on 0.51 acres; Business sale includes walk‑in cooler, gas stove, slicers, and coolers; Assumable lease with 2+ years remaining and an end‑of‑term option
