Mixed Commercial Central Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Mixed Commercial Central Ave
4 Properties Offered at $1,800,000 in Albany, NY
Investment Highlights
- High traffic prime commercial real estate
- Expand real estate portfolio
- Opportunity for redevelopment
Executive Summary
Attention investors and developers! This is a rare opportunity to acquire a unique portfolio of four properties located in one of the most heavily trafficked areas in the Capital District.
• 1357 Central Avenue: A well-established family appliance business since 1948, featuring a 2,400 sq. ft. warehouse that offers limitless potential for expansion or repurposing by a growing business.
• 1359 Central Avenue: Currently a single-family rental property, providing steady income with the potential for future redevelopment.
• 1361 Central Avenue: Previously a long-standing cemetery monument business, this property boasts a 1,600 sq. ft. storefront ideal for a variety of commercial uses.
• 3 Hacket Boulevard: A two-family rental property that offers additional income potential.
All properties are zoned COR (Commercial Office Residential), aligning with the vibrant and versatile business district along Central Avenue. This is a prime investment opportunity for those looking to capitalize on a strategic location with diverse use potential.
• 1357 Central Avenue: A well-established family appliance business since 1948, featuring a 2,400 sq. ft. warehouse that offers limitless potential for expansion or repurposing by a growing business.
• 1359 Central Avenue: Currently a single-family rental property, providing steady income with the potential for future redevelopment.
• 1361 Central Avenue: Previously a long-standing cemetery monument business, this property boasts a 1,600 sq. ft. storefront ideal for a variety of commercial uses.
• 3 Hacket Boulevard: A two-family rental property that offers additional income potential.
All properties are zoned COR (Commercial Office Residential), aligning with the vibrant and versatile business district along Central Avenue. This is a prime investment opportunity for those looking to capitalize on a strategic location with diverse use potential.
Property Facts
| Price | $1,800,000 | Number of Properties | 4 |
| Price / SF | $170.39 / SF | Individually For Sale | 0 |
| Sale Conditions | Bulk/Portfolio Sale | Total Building Size | 10,564 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.84 AC |
| Status | Active |
| Price | $1,800,000 |
| Price / SF | $170.39 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 10,564 SF |
| Total Land Area | 0.84 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Cornwell Appliance
1357 Central Ave, Albany, NY 12205 |
Retail | 7,535 SF | 1930 | - |
|
Grace Memorials
1361 Central Ave, Albany, NY 12205 |
Retail | 495 SF | 1930 | - |
| 1359 Central Ave, Albany, NY 12205 | Retail | 1,274 SF | 1931 | - |
| 3 Hackett Ave, Albany, NY 12205 | Flex | 1,260 SF | 1928 | - |
1 of 1
-
Traci Cornwell - Cornwell Real Estate
1 of 29
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Cornwell Real Estate
Mixed Commercial Central Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.