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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Features

Square Feet: 17,470

Town: Albany

Estimated Taxes: $79,566

Water: Public

Sewer: Public Sewer

Heat: Baseboard

Basement: None

Exterior Features: Stucco

Cooling: Wall Unit(s)

Parking Spaces: 86

Zoning: Commercial

Location

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1606 Central Avenue

$6,000,000

Features

Location

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