1941 Central Av

    Albany, NY 12205
    • $1,000,000
    • STATUS: Active
    • ON SITE: 192 days
    • MLS #: 201916606
    $1,000,000
    • 0
      BEDS
    • 1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,000
      SQFT
    • $63
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1942
    County:

    School Ratings & Info

    Description

    RARE OPPERTUNITY. This motel has never entered the market and has been family owned for over 40 years. The location is excellent and located in the heart of Colonie. The subject property offers a 2 story building and the original motel in a separate building as well as a separate building housing the motel's office as well as rental unit/ owners living quarters. There is a coin op laundry matt on the premises and the 2 story motel offers a newer roof and the driveway was recently paved. Always rented, this property generates excellent income and is not that difficult to operate. SERIOUS INQUARIES ONLY... Financials to be disclosed upon proof of funds.

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    © 2019 Global Multiple Listing Service, Inc. 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. Data last updated 2019-10-22T00:12:17.793.
    www.victoriasadvantage.com/homes/93676380

    1941 Central Av Albany, NY 12205

    • Price: $1,000,000
    • Status: Active
    • MLS #: 201916606
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1
    Acres
    16,000
    SQFT
    $63
    $/SQFT
    1942
    Built
    Neighborhood:
    Central Ave
    County:
    Albany
    Area:
    Colonie, Town (S) Other Areas (129)
    Property Description
    RARE OPPERTUNITY. This motel has never entered the market and has been family owned for over 40 years. The location is excellent and located in the heart of Colonie. The subject property offers a 2 story building and the original motel in a separate building as well as a separate building housing the motel's office as well as rental unit/ owners living quarters. There is a coin op laundry matt on the premises and the 2 story motel offers a newer roof and the driveway was recently paved. Always rented, this property generates excellent income and is not that difficult to operate. SERIOUS INQUARIES ONLY... Financials to be disclosed upon proof of funds.
    Exterior Features

    Construction Strick Bui Lot 43560 Parking Private Property Type Motels/Hotels

    Interior Features

    Air Conditioning Wall Units Building Available Sq Ft 16000 Condition Very Good Elevator Desc South Colonie Handicap Access No Heat System Natural Gas Office Available Sq Ft 800 Retail Available Sq Ft 0 Sprinklers N Warehouse Available Sq Ft 0

    Property Features

    Alternate Street Name Rt. 5 Business Name Best Value Inn. City Town Taxing Entity Colonie General Taxes 6985 General Taxes Desc Estimated Owner Finance No School Taxes 9496 School Taxes Description Estimated Special Market Conditions No Special Conditions Total Taxes 16482 Total Taxes Description Estimated Use Motel Year Established 1962

    This listing courtesy of 518 Realty.Com Inc : 518-456-6518.


    © 2019 Global Multiple Listing Service, Inc. 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. Data last updated 2019-10-22T00:12:17.793.
     
    Victoria M Gettings Team
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