1357 Central Avenue

Colonie, NY 12205

$1,800,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention investors and developers! A rare opportunity to acquire a unique portfolio of 4 properties located in one of the most heavily trafficked areas in the Capital District. 1357 Central Avenue: A well-established family appliance business since 1948, featuring a 2,400 sq. ft. warehouse - offers limitless potential for expansion or repurposing by a growing business. 1359 Central Avenue: Currently a single-family rental property, providing steady income with the potential for future redevelopment....Attention investors and developers! A rare opportunity to acquire a unique portfolio of 4 properties located in one of the most heavily trafficked areas in the Capital District. 1357 Central Avenue: A well-established family appliance business since 1948, featuring a 2,400 sq. ft. warehouse - offers limitless potential for expansion or repurposing by a growing business. 1359 Central Avenue: Currently a single-family rental property, providing steady income with the potential for future redevelopment. 1361 Central Avenue: Previously a long-standing cemetery monument business, this property boasts a 1,600 sq. ft. storefront ideal for a variety of commercial uses. 3 Hacket Boulevard: A two-family rental property. All properties are zoned COR (Commercial Office Residential) along Central Ave.
  1. Listed by Traci Cornwell • Cornwell RE LLC

Property Details for 1357 Central Avenue

Architectural Style
Commercial, Other
Zoning
Mixed
Parking Total
15.00
LISTING UPDATED: 08/16/2024 12:12 PM

Property Details for 1357 Central Avenue

StatusActive
MLS #202423623
Days on Market98
Taxes$8,058 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1930
Lot Size0.18 AC / 7,840 SF
CountyAlbany County

Building Information for 1357 Central Avenue

Stories-Residences-Year Built1930Lot Size0.18 AC / 7,840 SF

Property Information for 1357 Central Avenue

Summary
Location and General Information
  • Postal City: Albany
  • Directions: Heading south on I87, take exit 2E to Central Ave. Location will be on the left after passing Wolf Rd and Colonie Mall. From Albany, head west on Rt 5/Central Ave. Location will be on the right-hand side right off the main street.
  • City: Colonie
  • State Or Province: NY
  • Postal Code: 12205
  • County Or Parish: Albany
  • Latitude: 42.70
  • Longitude: -73.82
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 29.000
  • Tax Block: 2
  • Parcel Number: 012689 42.3-2-29
  • Tax Tract: 42.03
  • Tax Annual Amount: $8,058.12
Parking
  • Attached Garage: No
  • Parking Features: Paved, Public, Detached
School Information
  • School District: South Colonie
  • High School: Colonie Central HS
Property
Property and Assessments
  • Possession: At Closing
  • Documents Available: LNF, Other
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
  • Current Use: Mixed Use, Multi-Family, Office Plus, Office warehouse, Retail
Lot Information
  • Lot Features: Road Frontage
  • Year Built: 1930
  • Lot Size Dimensions: 1600 x 500
  • New Construction: No
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7841.0
Building Information
  • Business Type: Appliances
  • Business Name: Cornwell Appliance Co Inc.
  • Possible Use : Business: Yes
  • Possible Use : Garage: Yes
  • Possible Use : Industrial: Yes
  • Possible Use : Mixed Use: Yes
  • Possible Use : Office: Yes
  • Possible Use : Office Plus: Yes
  • Possible Use : OfficeRetail: Yes
  • Possible Use : OfficeWarehouse: Yes
  • Possible Use : Restaurant: Yes
  • Possible Use : Retail: Yes
  • Possible Use : Service Station: Yes
  • Possible Use : Tavern: Yes
  • Possible Use : Tavern Plus: Yes
  • Possible Use : Warehouse: Yes
Utilities
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting
  • Association Amenities: None
Interior Features
  • Heating: Baseboard
  • Roof: Asbestos Shingle
  • Electric: 200+ Amp Service
  • Basement: Unfinished
  • Construction Materials: Aluminum Siding, Asbestos, Block
  • Cooling: None
  • Cooling: No
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
Unit Information
Unit 1
  • Unit Dining Room Type : None: Yes
  • Unit Dining Room Type : Other: Yes
Rental
Rental Information
  • Land Lease: No

Property History for 1357 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1357 Central Avenue

Taxable ValueLand$54,000Additions$137,000Total$191,000
Home Facts
Total Finished SqFt2,960 SqFtAbove Grade Finished SqFt2,960 SqFtUnfinished Basement SqFt1,480 SqFtStories2Lot Size7,841 SqFtStyleStoresYear Built1930Zoning12CountyALBANYAPN012689 42.3-2-29

Schools near 1357 Central Avenue

This home is within South Colonie Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Roessleville School
PublicPK to 4

Sand Creek Middle School
Public5 to 8

Colonie Central High School
Public9 to 12

Our Savior's Lutheran School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1357 Central Avenue is a mixed use property for sale in Colonie, NY 12205. This property was listed for sale on August 15, 2024 by Cornwell RE LLC, it's currently listed at $1,800,000. This listing's school district is South Colonie Central School District. Nearby schools include Roessleville School, Sand Creek Middle School and Colonie Central High School. 1357 Central Avenue is a 0-bed, 0-bath, mixed use property built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cornwell RE LLC

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