1890 Central Ave, Albany, NY 12205-4223

Property Details for 1890 Central Ave

Year built

1973

Lot size

0.77 lot acres

Zone code

45

Property type

Turn key restaurants

APN

012601 29.10-2-2

APU

12601291022

Description

This exceptional opportunity presents the chance to acquire the well-established Colonie Diner, a thriving family-owned business located at 1890 Central Ave in Colonie, NY. The sale includes the business, all fixtures, furniture, and equipment, ensuring a smooth transition for the new owner. The 3,720 square foot, single-story building sits on a 0.77-acre lot and includes a separate four-bedroom home currently occupied by the owner. Built in 1973, the diner boasts a prime location on a busy main road, offering excellent visibility and accessibility. Currently operating from 7 AM to 3 PM, there's significant potential to extend hours and increase revenue. The property features a Class B building with asphalt shingles and municipal water. The asking price is $1,800,000, reflecting a price per square foot of $483.87. The property is zoned COR and includes two buildings, offering a unique opportunity to own a successful, established restaurant with significant growth potential and additional residential income. This turnkey operation is ready for a new owner to continue its legacy of providing delicious food and community service. The sale includes the business and real estate, offering a combined investment opportunity.

Location Insight

City

Albany

County

Albany

State

New York

Longitude

-73.8523

Latitude

42.7338

CBSA code

10580

CBSA name

ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments