Skip To Content

1606 Central Avenue

Albany, NY 12205
  • $6,000,000
  • STATUS: Active
  • MLS #: 202220588
UPDATED: 121 min ago
$6,000,000
  • 0
    BEDS
  • 3.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,470
    SQFT
  • $343
    $/SQFT
Type:
Commercial
Built:
1983
County:
Area:

School Information

High School:
School District:

Description

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.

Monthly Payment Calculator



© 2022 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 2022-08-10T00:12:34.75.
www.carrowresidential.com/homes/130188209
Print Image

1606 Central Avenue Albany, NY 12205

  • Price: $6,000,000
  • Status: Active
  • On Site: Days
  • Updated: 121 min ago
  • MLS #: 202220588
0
Beds
0
Baths
0
½ Baths
3.2
Acres
17,470
SQFT
$343
$/SQFT
1983
Built
County:
Albany
Area:
Albany
High School:
Colonie Central Hs
School District:
South Colonie
Property Description
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.
Exterior Features

Architectural Style Motel Construction Materials Stucco Parking Features Paved Parking Total 86.00 Pool Features In Ground Roof Metal Waterfront YN No

Interior Features

Basement None Cooling Wall Unit(S) Heating Baseboard

Property Features

Accessibility Features Accessible Approach With Ramp Association Amenities None Association YN No City Town Taxing Entity Colonie Current Use Motel Enhanced Accessible YN Yes Property Sub Type Hotel-Motel Sale Includes Business & Building Sewer Public Sewer Special Listing Conditions No Disclosures Tax Annual Amount 79566.45 Water Source Public Zoning Commercial

Listing information © 2022 Global MLS.
Listing provided courtesy of William Curry of Nai Platform Llc:(518) 465-1400.



© 2022 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 2022-08-10T00:12:34.75.
 
https://bt-photos.global.ssl.fastly.net/capital/orig_boomver_2_202220588-2.jpg https://bt-photos.global.ssl.fastly.net/capital/orig_boomver_2_202220588-2.jpg https://bt-photos.global.ssl.fastly.net/capital/orig_boomver_2_202220588-2.jpg
Logo
Carrow Real Estate Services
1840 Western Ave
Albany NY, 12203