Seller Financing - Lease to Own
Address
1975 Central Avenue, Albany, NY
Price
$ 1,275,000
Property Attributes
  • MLS#202227767
  • TypeCommercial
  • CountyALBANY
  • CityAlbany
  • AreaColonie
  • Zip12205
  • StyleCommercial
  • Year Built1990
  • Taxes$ 25573
  • Price$ 1,275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4380
  • Lot Size0.85 Acres
Data Source:
Global MLS (GCAR)
Property Description

+/- 4380 sf building for sale or lease on Central Avenue. Currently outfitted as a well established family restaurant. Recently renovated. Massive basement with office space and additional coolers and freezers. Prime location on Central Ave. A turn key opportunity or easy change of use. Owners open to lease options and owner financing.

High School
Colonie Central HS
Price History
4/4/2024 Listed $1,275,000

General Features

Sewer Public Sewer
Heating Other
Cooling Central Air,Other
Zoning Commercial
Architectural Style Commercial,Other
Construction Materials Stucco
Year Built 1990
Property SubType Business
Percent Ownership Lease/Purchase,Other~See Remarks
Accessibility Accessible Approach with Ramp
Business Name Farmer Boy Diner
County Albany
New Construction No
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Possible Use Business,Restaurant,Other
Status Active
Directions From 87 take Ex 2W onto NY-5 West. Stay on Central Ave for 3 miles. Property on the right.
ModificationTimestamp 2024-04-04T16:52:58Z
High School Colonie Central HS
City Colonie
Buyer Agent Compensation 2.50
View Y/N No
High School District South Colonie
Lot Size Square Feet 37026.0
Waterfront Y/N No
Carport Y/N No
Street Name Central
Land Lease Y/N No
Tax Annual Amount 25573.59
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 571
Standard Status Active
Tax Lot 2
MobileHomeRemainsYN No
Buyer Agent Compensation Type %
PostalCity Albany
Senior Community None

Interior Features

Basement Full,Other
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Parking Features Paved,Private
Water Source Public
Total Parking 50.0
Inclusions {u'Building Only': True}
Lot Size Area 0.85
Number of Buildings 1
Spa No
Building Area Total 4380.0
Lot Dimensions 191x192
Lot Size Acres 0.85
Lot Size Units Acres
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 12205

Price
AVG $380K
$1.28M
Taxes
AVG $20,861
$25,573
Visits
AVG 36
7
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1990

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