19 Aviation RdAlbany, NY 12205

For Sale
$997,500

1,430 SF Office, $997,500

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1,430 square foot Class B office building, located at 19 Aviation Road in Albany, NY 12205, presents a compelling investment opportunity. Situated on a ±0.99-acre lot, this single-story building boasts 95% occupancy across two suites, each approximately 680 and 750 square feet, available for lease. Built in 1972, the property features ample parking for approximately 54 vehicles and benefits from an inground sprinkler system. The building is conveniently located directly off the Wolf Road corridor in Colonie, within the Wolf Road Business District, a thriving commercial area with abundant shopping, hotels, conference centers, and restaurants. Multiple internet service providers are available. This property offers a great owner-user opportunity and is zoned COR. The asking price is $997,500, translating to $697.55 per square foot. Cross easements exist with neighboring properties at 14 Computer Drive East and 21 Aviation Road, presenting potential for acquisition as a package. The property is offered for sale as a stand-alone asset or as part of a larger portfolio. This is a multi-tenant gross lease property.

Highlights

  • 0.99-acre site.
  • 1972 construction.
  • Approximately 54 parking spaces.
  • Cross easements available with adjacent properties at 14 Computer Drive East and 21 Aviation Road; potential for package purchase.
  • Inground sprinkler system.
  • Two suites available for lease: 680 SF and 750 SF.

Property Details for 19 Aviation Rd

Property type
Other office properties, Office properties
Square Feet
1,430 SF
Class
B
Buildings
1
Stories
1
Units
2

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.7167351
Longitude
-73.8047571
19 Aviation Rd, Albany, New York

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19 Aviation Rd
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