368 Central Ave Albany, NY 12206
- Auto shops
- 16,420 SF
- 0.51 lot acres
Current Use by Public Records
- Watkins Spring Co / Auto Spring Shop
Property Details for 368 Central Ave
- Year built
- 1984
- Lot size
- 0.51 lot acres
- Property size
- 16,420 SF
- Zone code
- C3
- Property type
- Auto shops
- APN
- 010100 65.54-1-18
- APU
- 101006554118
Description
Exceptional opportunity to acquire Watkins Spring Co. Inc., a well-established business operating for over a century in Albany, NY. This profitable enterprise specializes in heavy-duty truck suspension services, boasting over 4,000 accounts and a strong reputation within the Capital District. The sale encompasses the real estate, business, goodwill, fixtures, furniture, equipment (FF&E), and inventory. The property itself comprises a 16,420 square foot building constructed in 1908, situated on a 0.86-acre lot with 25 parking spaces. The building is single-story and zoned MU-FC. The property features a 243-foot frontage and a total lot size of 37,461.6 square feet (as calculated from provided lot size and frontage). The asking price is $3,000,000. Interested parties must sign a non-disclosure agreement (NDA) and provide proof of funds. Detailed building and real estate information is available in associated documents. This is a rare chance to own a thriving, long-standing business with significant assets. The property's location at 368 Central Avenue, Albany, NY 12206, offers excellent visibility and accessibility. The APN is 010100 65.54 -1-18.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $265,000
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Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Albany
- State
- New York
- Longitude
- -73.7749
- Latitude
- 42.6663
- CBSA code
- 10580
- CBSA name
- ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
