1606 Central Avenue

$6,000,000
Business For Sale - Active
  • Commercial
  • MLS # 202220588
Listing Provided By: NAI Platform LLC William Curry(518) 465-1400

Property Details

  • Acres: 3.2
  • Building Area: 17,470
  • Town: Colonie
  • Property Type: Commercial
  • School District: Colonie Central HS
  • Estimated Taxes: $79,566
  • Water: Public
  • Sewer: Public Sewer
  • Heat: Baseboard
  • Basement: None
  • Exterior Features: Stucco
  • County: Albany
  • Cooling: Wall Unit(s)
  • Parking Spaces: 86
  • Zoning: Commercial

Remarks

Motel with 109 rooms for sale 7 minutes from Albany International airport. Located only a half mile off Interstate 87, Colonie Center and Wolf Road. Motel has well above average occupancy rate. Roadside building constructed in 1983. The back building housing suites built recently in 2001. Numerous events booked into the future. Restaurant on site currently leased out and managed by tenant. Owner has done many updates and capital improvements. NDA must be filled out before discussing financials. Listing agent to accompany tours. Do not approach employees.

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Contact Daniel Davies

Contact Daniel Davies

NYS Licensed Real Estate Broker GRI, ABR, RSPS,SRS,C2EX
(518) 656-9068
dan@daviesrealty.net

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