1933 Central AveAlbany, NY 12205

For Sale
$595,000

1.3-Acre Restaurant Land, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • $595,000 asking price.
  • 1.3-acre lot with 3,389 square feet of net rentable space.
  • Prime Albany, NY location on Central Avenue (30,280 vehicles per day), between O'Reilly's and Dollar General.
  • Former freestanding restaurant; redevelopment opportunity.
  • Located in Colonie's prime retail corridor.

Property Details for 1933 Central Ave

Property type
Other retail properties, Restaurants
Square Feet
3,389 SF
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Albany
County
Albany
State
New York
Latitude
42.7384026
Longitude
-73.8559195
1933 Central Ave, Albany, New York

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1933 Central Ave
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