$489,000
Colonie, NY 12205
MLS# 202513004
Status: Closed
2908 sqft
1 / 22
Property Description
This exceptional mixed-use building offers direct visibility on Central Avenue, making it a fantastic investment opportunity. Spanning over 3,000 sq ft, this property provides both high-traffic commercial space and a spacious residential unit - perfect for owner-user or rental income. Additionally, there is a fully paved parking lot, which provides convenience for customers and tenants. Ideal for a variety of businesses, from retail and office space to service-based operations. Call LBO today to schedule your appointment.
Details
Maps
Contract Information
Original List Price: 489000
List Price/SqFt: 168.16
Sold Price/SqFt: 168.16
List Price/Acres: 2876470.59
Sold Price/Acres: 2876470.59
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $489,000
Listing Contract Date: 2025-03-07
Current Price: $489,000
Location
City/Town (Mail): Albany
Street Number: 1316
Street Name: Central
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12205
Geo Lat: 42.70096
Geo Lon: -73.814466
Property Detail
Stories: 2
Number Of Buildings: 1
Parking Y/N: Yes
Lot Size Square Feet: 7405
Zoning: Mixed
Lot Size Dimensions: 6150X3
Lot Size Acres: 0.17
Building Area Total: 2908
Year Built: 1963
Parcel, Tax, HOA
Parcel Number: 012689 42.18-1-18
Tax Annual Amount: 7832.14
Tax Section: 42.18
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 18.000
Directions & Remarks
Directions: From wolf road turn left onto Central Ave. Head towards Albany. Property will be on the right hand side of the street.
Public Remarks: This exceptional mixed-use building offers direct visibility on Central Avenue, making it a fantastic investment opportunity. Spanning over 3,000 sq ft, this property provides both high-traffic commercial space and a spacious residential unit - perfect for owner-user or rental income. Additionally, there is a fully paved parking lot, which provides convenience for customers and tenants. Ideal for a variety of businesses, from retail and office space to service-based operations. Call LBO today to schedule your appointment.
Sewer
Public Sewer: 1
Current Use
Mixed Use: 1
Electric
200+ Amp Service: 1
Cooling
Central Air: 1
Building Detail
Building Ceiling Height: 8
Office Available SQFT: 1693
Retail Available SQFT: 1693
Construction Materials
Vinyl Siding: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Business Type
Retail: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Shingle: 1
Water Source
Public: 1
Heating
Natural Gas: 1
Parking Features
Parking Total: 12
Paved: 1
Possible Use
Business: 1
Office: 1
Office Plus: 1
Office/Retail: 1
Retail: 1
Other: 1
Investment: 1
Medical/Dental: 1
Status Change Info
Status Change Date: 2025-08-01
Under Contract Date: 2025-03-20
Sold Date: 2025-07-31
Sold Price: $489,000
Property Features
Construction Materials: Vinyl Siding
Cooling: Central Air
Current Use: Mixed Use
Business Type: Retail
Electric: 200+ Amp Service
Heating: Natural Gas
Parking Features: Paved
Possession: At Closing
Possible Use: Business; Office; Office Plus; Office/Retail; Retail; Other; Investment; Medical/Dental
Roof: Shingle
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Call Listing Agent
Special Listing Conditions: Standard
Water Source: Public
Listing Courtesy of Hanna Commercial
Listing Agent: Philip Sabatino
518-376-2717 | PhilipSabatino@hannaCre.com
518-376-2717 | PhilipSabatino@hannaCre.com
