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1606 Central Avenue

Albany, NY 12205

Active

$6,000,000

Listing by:
William Curry
NAI Platform LLC
(518) 465-1400

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.

$6,000,000
17,470
Sq. Ft.
$ 343
$/Sq. Ft.
3.00
Acres
Year Built:
1983
County:
Albany
School District:
Colonie Central HS
Acres:
3.00
Listing Agent:
William Curry
Listing Office:
NAI Platform LLC
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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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