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1606 Central Av

Colonie, NY 12205
  • $5,086,000
  • STATUS: Active
  • MLS #: 202121392
UPDATED: 60 min ago
$5,086,000
  • 0
    BEDS
  • 3.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 39,000
    SQFT
  • $130
    $/SQFT
Type:
Commercial
Built:
1983
County:

School Ratings & Info

Description

The Days Inn Albany is a phenomenal investment opportunity for any investor or owner-operator.? The property consists of three separate buildings.? The first building to the left is outdoor rooms and has a lobby inside, as well as laundry & vending machines.? The building to the right is a restaurant and is a triple net lease.? The building in the back is 3 stories of a hotel room.? These rooms are suites, and the building has a breakfast area, banquet hall, pool, laundry, and vending machines.? Each building was renovated in 2018.? Due to the pandemic, the hotel was forced to close its pool, banquet hall, and breakfast bar.? Prior to the pandemic, the hotel found lots of success hosting events and accommodating guests with reasonably priced, yet very nice, suites.? While many investors/

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© 2021 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 2021-10-19T19:12:32.463.
www.carrowresidential.com/homes/118439802
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1606 Central Av Colonie, NY 12205

  • Price: $5,086,000
  • Status: Active
  • Updated: 60 min ago
  • MLS #: 202121392
0
Beds
0
Baths
0
½ Baths
3.2
Acres
39,000
SQFT
$130
$/SQFT
1983
Built
Neighborhood:
Colonie, Town (N) W Of Northway (135)
County:
Albany
Area:
Colonie, Town (N) W Of Northway (135)
Property Description
The Days Inn Albany is a phenomenal investment opportunity for any investor or owner-operator.? The property consists of three separate buildings.? The first building to the left is outdoor rooms and has a lobby inside, as well as laundry & vending machines.? The building to the right is a restaurant and is a triple net lease.? The building in the back is 3 stories of a hotel room.? These rooms are suites, and the building has a breakfast area, banquet hall, pool, laundry, and vending machines.? Each building was renovated in 2018.? Due to the pandemic, the hotel was forced to close its pool, banquet hall, and breakfast bar.? Prior to the pandemic, the hotel found lots of success hosting events and accommodating guests with reasonably priced, yet very nice, suites.? While many investors/
Exterior Features

Lot 3.2 Parking Paved Property Type Motels/Hotels

Interior Features

Building Available Sq Ft 39000 Elevator Desc South Colonie Handicap Access Yes Office Available Sq Ft 0 Retail Available Sq Ft 0 Warehouse Available Sq Ft 0

Property Features

City Town Taxing Entity Colonie Heating System Direct Vent Sewer Public Special Market Conditions No Special Conditions Style Hotel Total Taxes 61000 Total Taxes Description Estimated Use Apartment PlusHotelMotel Water Public

Listing information © 2021 Global MLS.
Listing provided courtesy of Bryce Cherko of Cherko Fusco Realty:518-847-9138.



© 2021 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 2021-10-19T19:12:32.463.
 
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