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1606 Central Avenue

Colonie, NY 12205
  • $5,086,000
  • STATUS: Active
  • MLS #: 202121392
UPDATED: 31 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:
Area:

School Information

High School:
School District:

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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© 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 2022-01-17T23:11:54.33.
www.capitalrealtyxperts.com/homes/118439802
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1606 Central Avenue Colonie, NY 12205

  • Price: $5,086,000
  • Status: Active
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 202121392
0
Beds
0
Baths
0
½ Baths
3.2
Acres
39,000
SQFT
$130
$/SQFT
1983
Built
County:
Albany
Area:
Albany
High School:
Colonie Central Hs
School District:
South Colonie
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

Architectural Style Hotel Lot Size Dimensions 3.2 Parking Features Paved Waterfront YN No

Interior Features

Building Available Sq Ft 39000.0000 Heating Forced Air Office Available Sq Ft 0.00 Retail Available Sq Ft 0.00 Warehouse Available Sq Ft 0.00

Property Features

Association YN No City Town Taxing Entity Colonie Enhanced Accessible YN Yes Ownership No Special Conditions Possible Use Apartment PlusHotelMotel Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 61000.00 Water Source Public

Listing information © 2022 Global MLS.
Listing provided courtesy of Bryce Cherko of Cherko Fusco Realty:(518) 847-9138.



© 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 2022-01-17T23:11:54.33.
 
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