1839 Central Ave, Albany, NY 12205
For Lease
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This exceptional retail opportunity is located at 1839 Central Avenue in Colonie, New York, within a vibrant shopping center. The property boasts a total of 24,007 square feet across two suites, situated on a generous 4.1-acre lot in Albany County. Currently, 3,227 square feet of retail space is available, divisible into units ranging from a minimum of 1,110 square feet to a maximum contiguous space of 2,117 square feet. One available space measures 2,080 square feet, while another offers 1,110 square feet. The center enjoys a prime location near the intersection of Central Avenue and Route 155, benefiting from high visibility and convenient access for customers. This well-established shopping center presents a fantastic chance for businesses seeking a strong presence in a thriving Colonie neighborhood. The property's address is 1839 Central Ave, Albany, NY 12205. The convenient location and flexible space options make this an ideal investment for a variety of retail ventures. The property is zoned for retail use and offers ample parking for customers. This is a rare opportunity to secure retail space in a high-traffic area with excellent visibility. Serious inquiries are encouraged to explore this promising investment prospect.
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Williams Gloria V DDS Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
12 · Albany, NYAlbany. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.