1038 Central Ave Albany, NY 12205
- Drive through restaurants
- 2,012 SF
- 0.33 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 1038 Central Ave
- Year built
- 1960
- Lot size
- 0.33 lot acres
- Property size
- 2,012 SF
- Zone code
- C2
- Property type
- Drive through restaurants
- APN
- 010100 53.66-1-32
- APU
- 101005366132
Description
This exceptional ±2,012 square foot free-standing retail building is situated on the bustling Central Avenue (Route 5) in Albany, New York. Currently occupied by a Dunkin' Donuts franchise, the property boasts a convenient drive-thru, enhancing its appeal and operational efficiency. The building is offered for sale or lease, presenting a compelling investment opportunity. The existing lease with the current tenant is set to expire in August 2025, providing flexibility for future use or continued tenancy. Located in Albany County, with a precise address of 1038 Central Ave, Albany, NY 12205 (42.6855705, -73.7968814), this property benefits from high visibility and accessibility due to its prominent location on a major thoroughfare. The single-tenant occupancy simplifies management and provides a clear revenue stream. The property's classification is retail, specifically categorized as a restaurant. This presents a unique opportunity for investors seeking a strong performing asset in a desirable location or for an owner-user seeking to establish their own business in a high-traffic area. The property's size and features make it suitable for a variety of retail uses, beyond its current configuration. Serious inquiries are encouraged to explore the potential of this valuable commercial real estate asset.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7969
- Latitude
- 42.6856
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
