1890 Central AveAlbany, NY 12205

For Sale
$1,800,000

Established Diner, Prime Location, Albany, NY

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • Established Colonie Diner business for sale, including all FF&E.
  • 3,720 SF single-story building on a 0.77-acre lot.
  • Includes a separate four-bedroom home.
  • Prime location on Central Ave in Colonie, NY with high visibility.
  • Asking price: $1,800,000 ($483.87/SF).
  • Zoned COR.

Property Details for 1890 Central Ave

Property type
Other retail properties, Retail properties
Square Feet
3,720 SF
Class
B
Year Built
1973
Buildings
2
Stories
1
Lot Size (sq. ft)
33,541 SF
Units
1

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.734249754733
Longitude
-73.851694532253
1890 Central Ave, Albany, New York

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1890 Central Ave
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