Listed By New Scotland Realty, Samantha M Curry
1314A CENTRAL AVE Colonie, NY 12205
$925,000
—
Bedrooms
—
Total Baths
—
Full Baths
3,478
Square Feet
0.21
Acres
1975
Year Built
Active
Status
MLS#
202329756
**BEING SOLD AS PACKAGE WITH 1314A CENTRAL AVENUE** Presenting an opportunity to acquire a strategically positioned package deal comprising two adjacent commercial buildings along the bustling Central Ave retail corridor. 1314 Central, currently occupied, the upstairs tenant is paying $1,400/month with rent increases to $1,800 in year 2 and $2,000/month in year 3. The lease is structured as a 1 year lease with two 1-year options. The downstairs tenant is paying $1,200/month with annual 2.5% rent increases. This is a 3 year lease ending in 2027. The property also holds potential for multi-family conversion. 1314A Central is occupied by a reputable tattoo parlor tenant with a solid 15-year history, and basement is leased to a plumber with 5-year tenancy.
Details for 1314A CENTRAL AVE
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office New Scotland Realty, 1 518-964-2066
MLS# 202329756
Updated 7:50AM - 5/3/2024
Listing Agent Samantha M Curry
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Area Information for 1314A CENTRAL AVE
- Map
- Street View
My Commute for 1314A CENTRAL AVE
Find commute times from this listing to your favorite locations.
Data Provided by Google Maps
