368 Central Ave 16,420 SF Retail Building Albany, NY 12206 $3,000,000 ($182.70/SF)
INVESTMENT HIGHLIGHTS
- Established business with over 100 years of experience.
- Niche business with over 4000 accounts.
EXECUTIVE SUMMARY
Once in a lifetime opportunity to purchase Watkins Spring Co. Inc., an established business with over 100 years of experience providing
heavy duty truck suspension services in the Capital District. This is a niche business with over 4000 accounts and a highly respected reputation in the industry. Sale includes real estate, business, good will, FF & E and inventory. Qualified buyers to sign NDA and show proof of funds. See associated docs for details on buildings and real estate.
heavy duty truck suspension services in the Capital District. This is a niche business with over 4000 accounts and a highly respected reputation in the industry. Sale includes real estate, business, good will, FF & E and inventory. Qualified buyers to sign NDA and show proof of funds. See associated docs for details on buildings and real estate.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
16,420 SF
Building Class
C
Year Built
1984
Price
$3,000,000
Price Per SF
$182.70
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.86 AC
Zoning
C3
Parking
25 Spaces (1.52 Spaces per 1,000 SF Leased)
Frontage
241’ on Central Avenue
AMENITIES
- Signage
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 010100-065-054-0001-018-000-0000 | Improvements Assessment | $327,000 |
| Land Assessment | $342,000 | Total Assessment | $669,000 |
