$7,000
Colonie, NY 12205
MLS# 202521222
Status: Closed

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Property Description
Former buffet-style restaurant available for lease at prime, signalized intersection along Central Avenue. Surrounded by major retailers including Target, Home Depot, Market 32, and Walmart, with strong daily traffic counts. Space features a large commercial kitchen, expansive dining area, and ample parking. Excellent visibility and access along one of the Capital Region's busiest retail corridors with close proximity to I-87, Wolf Road, and Colonie Center. NNN lease + utilities. Ideal for restaurant, ghost kitchen, event space / banquet hall or redevelopment. Tenant pays NNN + utilities.
Details
Maps
Contract Information
Original List Price: 12000
Lease Per SqFt or Month?: Month
List Price/Acres: 3478.26
Sold Price/Acres: 2028.99
Status: Closed
Property Sub Type: Retail
Sold Price: $7,000
Current Price: $7,000
Listing Contract Date: 2025-07-09
Location
City/Town (Mail): Colonie
Street Number: 1881
Street Name: Central
Street Suffix: Avenue
County: Albany
State/Province: NY
Postal Code: 12205
Geo Lat: 42.735008
Geo Lon: -73.851637
Property Detail
Stories: 2
Number Of Buildings: 1
Parking Y/N: Yes
Lot Size Square Feet: 150282
Zoning: Commercial
Lot Size Acres: 3.45
Main Road Frontage: 438
Waterfront Y/N: No
Enhanced Accessible Y/N: Yes
Year Built: 1960
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 012689 29.10-1-14
Tax Annual Amount: 1
Total Taxes Description: See Remarks
School District: South Colonie
High School: Colonie Central HS
Association Y/N: No
Directions & Remarks
Directions: Central Ave next to Aldi and new 7 Brew Coffee
Public Remarks: Former buffet-style restaurant available for lease at prime, signalized intersection along Central Avenue. Surrounded by major retailers including Target, Home Depot, Market 32, and Walmart, with strong daily traffic counts. Space features a large commercial kitchen, expansive dining area, and ample parking. Excellent visibility and access along one of the Capital Region's busiest retail corridors with close proximity to I-87, Wolf Road, and Colonie Center. NNN lease + utilities. Ideal for restaurant, ghost kitchen, event space / banquet hall or redevelopment. Tenant pays NNN + utilities.
Sewer
Public Sewer: 1
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Doors: 1
Other: 1
Current Use
Restaurant: 1
Architectural Style
Restaurant: 1
Retail: 1
Cooling
Central Air: 1
Basement
Full: 1
Lot Features
Cleared: 1
Road Frontage: 1
Building Detail
Building Ceiling Height: 15
Retail Total SQFT: 9000
Retail Available SQFT: 9000
Construction Materials
Block: 1
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
Rental Agreement: 1
Showing Requirements
Agent to Accompany: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Flat: 1
Rubber: 1
Water Source
Public: 1
Heating
Forced Air: 1
Lease Includes
Building & Land: 1
Parking Features
Parking Total: 75
Paved: 1
Private: 1
Possible Use
Business: 1
Office/Retail: 1
Restaurant: 1
Retail: 1
Tavern: 1
Tavern Plus: 1
Tenant Pays
Other: 1
Status Change Info
Status Change Date: 2025-08-12
Under Contract Date: 2025-08-08
Sold Date: 2025-08-08
Sold Price: $7,000
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Doors; Other
Architectural Style: Restaurant; Retail
Basement: Full
Construction Materials: Block; Brick
Cooling: Central Air
Current Use: Restaurant
Heating: Forced Air
Lease Includes: Building & Land
Lot Features: Cleared; Road Frontage
Parking Features: Paved; Private
Possession: Rental Agreement
Possible Use: Business; Office/Retail; Restaurant; Retail; Tavern; Tavern Plus
Roof: Flat; Rubber
Sewer: Public Sewer
Showing Requirements: Agent to Accompany; Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Other
Water Source: Public
Listing Courtesy of Realty One Group Key
Listing Agent: Ryan Mortka
518-630-5360 |
518-630-5360 |

