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1606 Central Avenue, Albany, NY 12205

$6,000,000
MLS #202220588
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Listing Courtesy of: NAI Platform LLC (518) 465-1400
Status: Active

Property Details:

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.

Features:

  • Acres: 3
  • Basement: None
  • Bathrooms: Half 0
  • Cooling: Wall Unit(s)
  • County: Albany
  • Estimated Taxes: $79,566
  • Exterior:
  • Exterior Features: Stucco
  • Heat: Baseboard
  • Parking Spaces: 86
  • Property Style:
  • School District: Colonie Central HS
  • Sewer: Public Sewer
  • Square Feet: 17470
  • Town: Colonie
  • Water: Public
  • Year Built: 1983
  • Zoning: Commercial

Map View


Listing Courtesy of NAI Platform LLC
-- Listings provided for download by Capital Region Multiple Listing Service --
-- Information Is Deemed Accurate, But Not Guaranteed --

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