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Turn-Key Restaurant Building
For Sale
Contact for pricing
Pending

87 CENTRAL AV, Albany, NY 12206

Brick restaurant building with a metal roof, bonus upstairs apartment, and separate heat and utilities.

Days on Market112

Property Features for 87 CENTRAL AV

General Information

Standard status Pending
Property subtype Retail

Additional Details

Road Access Yes
Multifamily Units 1
Listing Agency: Coldwell Banker Prime Properties Loudonville
Listed By: Gregory Tobin · License #NY
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Jul 31 at 4:34AM

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 Coldwell Banker Prime Properties Loudonville

Investment Insights

Based on property information with market context.

This turn-key restaurant building is constructed with solid brick and features a metal roof. The property has been used as a restaurant, and the public remarks indicate that the furniture, fixtures, and equipment can be sold with the building. A bonus apartment is located upstairs and includes its own entrance. The building also offers separate heat and utilities.

The property is located on Central Ave in downtown Albany and benefits from strong visibility along a busy thoroughfare.

Recent improvements are noted in the remarks, supporting the building’s current operational readiness.

Key Highlights

  • Brick restaurant building on busy Central Ave in downtown Albany
  • Metal roof and solid brick exterior
  • Bonus apartment upstairs with its own entrance

Property Analytics

Current Use

A one Albany discount ... Computer & Electronic Repair A ONE ALBANY DISCOUNT ... Computer & Electronic Repair

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Electrical Service Acupuncture Carpet & Flooring Store

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

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,078
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 47%
Dunkin' Donuts Dining
10,314 visits/mo 0.5 miles
Family Dollar Shops & Services
8,238 visits/mo 0.4 miles
SEFCU Shops & Services
4,000 visits/mo 0.2 miles
Shogun Dining
1,548 visits/mo 0.5 miles
Mavis Discount Tire Shops & Services
1,434 visits/mo 0.3 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 - Brick restaurant building with a metal roof, bonus upstairs apartment, and separate heat and utilities.
Where is this conventional restaurant located?
The property is located at 87 CENTRAL AV Albany, NY.
What are key features of this property?
This property features: Brick restaurant building on busy Central Ave in downtown Albany; Metal roof and solid brick exterior; Bonus apartment upstairs with its own entrance
More about this property
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