$749,000
Colonie, NY 12110
MLS# 202510846
Status: Closed
13218 sqft

1 / 25
Property Description
951 Albany Shaker Road is a 1.46 acre property improved with a 13,218 sf medical/office building and striped parking for 44 vehicles with overflow parking in the rear. The property is located approximately 2.8 miles from I-87 Exit 6 and located within the Airport Business Area, which offers a multitude of potential uses. The existing building consists of a single story medical wing currently owner occupied and recently improved, with a portion of the space sublet to a short term tenant. The remainder of the building is a two story office building with 22 offices, 2 conference rooms, and kitchenette. Office has month-to month tenancies. Opportunity exists for a new owner to renovate to meet their needs, or with the flexible zoning, location and lot size redevelop the site to a new use.
Details
Maps
Documents
Contract Information
Status: Closed
Property Sub Type: Office
Original List Price: 799000
Sold Price: $749,000
Listing Contract Date: 2025-01-16
Current Price: $749,000
List Price/SqFt: 60.45
Sold Price/SqFt: 56.67
List Price/Acres: 547260.27
Sold Price/Acres: 513013.7
Location
Street Number: 951
Street Name: Albany Shaker
Street Suffix: Road
County: Albany
State/Province: NY
Postal Code: 12110
City/Town (Mail): Latham
Geo Lat: 42.763639
Geo Lon: -73.814239
Property Detail
Year Built: 1980
Year Established: 1980
Stories: 2
Number Of Buildings: 1
Lot Size Square Feet: 63597
Zoning: Commercial
Lot Size Dimensions: 194
Lot Size Acres: 1.46
Building Area Total: 13218
Building Available SQFT: 9400
Main Road Frontage: 194
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Land Lease Y/N: No
Parking Y/N: Yes
Financial Details
Full Market Assessment: 585000
Tax Assessed Value: 391950
General Taxes: 5309
General Taxes Description: With Exemptions
School Taxes: 10810
School Taxes Description: With Exemptions
Seller Financing: No
Building Detail
Fire Sprinkler System Y/N: No
Railroad Siding Y/N: No
Building Ceiling Height: 8
Office Total SQFT: 13218
Office Available SQFT: 9400
Office Ceiling Height: 8
At Grade Door #: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Parking Features
Parking Total: 50
Status Change Info
Status Change Date: 2025-05-07
Sold Date: 2025-05-07
Sold Price: $749,000
Property Features
Architectural Style: Commercial; Office
Association Amenities: None
Basement: Slab
Construction Materials: Block; Brick; Frame; Wood Siding
Cooling: Central Air; Window Unit(s)
Current Use: Medical/Dental; Office
Business Type: Professional/Office
Electric: 200+ Amp Service
Exterior Features: Lighting
Flooring: Carpet; Laminate; Vinyl
Heating: Forced Air; Natural Gas; Zoned
Listing Terms: Cash
Lot Features: Landscaped; Level; Road Frontage
Other Structures: Shed(s)
Parking Features: Off Street; Paved; Private
Possession: At Closing; Negotiable
Possible Use: Business; Farm; Hotel/Motel; Industrial; Manufacturing; Office; Office Plus; Office/Retail; Office/Warehouse; Restaurant; Retail; Service Station; Shopping Center; Tavern; Tavern Plus; Warehouse; Other; Automotive Sales; Car Wash; Convenience Store; Fitness/Gym; Gas Station; Medical/Dental; School Building; Self-Storage Facility
Roof: Shingle
Sale Includes: Building & Land
Security Features: Carbon Monoxide Detector(s); Fire Alarm; Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Call Listing Agent; Occupied
Special Listing Conditions: NonProfit
Water Source: Public
Listing Courtesy of Coldwell Banker Commercial Prime Properties
Listing Agent: Gerard H Wise
518-265-2420 | gwise@cbcprime.net
518-265-2420 | gwise@cbcprime.net


Town Zoning