1933 Central Ave Albany, NY 12205-4221
- Turn key restaurants
- 3,389 SF
- 1.30 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1933 Central Ave
- Year built
- 1960
- Lot size
- 1.30 lot acres
- Property size
- 3,389 SF
- Zone code
- 12
- Property type
- Turn key restaurants
- APN
- 012689 29.10-1-1
- APU
- 12689291011
Description
This exceptional 1.3-acre commercial property, located at 1933 Central Ave in Albany, NY (zip code 12205), presents a compelling redevelopment opportunity. The site boasts a substantial 153 feet of frontage along Central Avenue, a high-traffic thoroughfare with a reported 30,280 vehicles per day. The property's strategic location within Colonie's prime retail corridor places it between an O'Reilly Auto Parts and a Dollar General, ensuring high visibility and convenient access for potential customers. The existing structure, a former free-standing restaurant, offers 3,389 square feet of net rentable space, providing a solid foundation for a variety of QSR or restaurant concepts. This land parcel is ideal for entrepreneurs seeking to establish a new business or for existing businesses looking to expand their footprint in a thriving market. The asking price for this exceptional property is $595,000. This is a rare opportunity to acquire a well-positioned commercial property in a high-demand area. Don't miss out on this chance to capitalize on the potential of this prime Albany location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.8556
- Latitude
- 42.7385
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
