1909 Central AveColonie, NY 12205

For Sale
$850,000

Prime Location, High-Traffic Area, Build-to-Suit

Overview

Added:
Feb 3
Days on market:
39
This exceptional 8,600 square foot mixed-use property, situated on a 1.06-acre lot in Colonie, NY, presents a fantastic commercial opportunity. Located at 1909 Central Avenue, this high-visibility site boasts 44 parking spaces, making it ideal for a variety of businesses. Currently available for ground lease at $20 per square foot, plus additional charges, this property offers a unique build-to-suit option. Previous approvals, recently expired, existed for an 8,600 square foot building incorporating a drive-thru, perfectly suited for fast-food restaurants or similar ventures. The ample space and prime location also lend themselves to other uses, such as a supermarket, pharmacy, or discount retailer. The site's previous approvals suggest a streamlined permitting process for prospective tenants. The existing site plan, while expired, provides a solid foundation for future development, minimizing potential delays. This property's high traffic location and substantial parking make it an exceptional investment opportunity for a discerning business owner seeking a prominent presence in a thriving commercial area. The asking price is $850,000.

Property Details for 1909 Central Ave

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
8,600 SF
Lot Size (sq. ft)
46,174 SF

Location Insight

City
Colonie
County
Albany
State
New York
Latitude
42.73659
Longitude
-73.8536
1909 Central Ave, Colonie, New York

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1909 Central Ave
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