1606 Central Avenue
Albany, NY 12205
Active
$6,000,000
Listing by:
William Curry
NAI Platform LLC
(518) 465-1400
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.
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Features
Square Feet: 17,470
Town: Albany
Estimated Taxes: $79,566
Water: Public
Sewer: Public Sewer
Heat: Baseboard
Basement: None
Exterior Features: Stucco
Cooling: Wall Unit(s)
Parking Spaces: 86
Zoning: Commercial
Location
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