1606 Central Avenue

$6,000,000

Business For Sale - Under Contract

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.

View Map

Contact Daniel Davies

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

"*" indicates required fields