1314 Central Avenue, Albany, NY 12205 | MLS 202329757 | Listing Information | Vylla Home
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FOR SALE
$925,000

1314 Central Avenue
Albany, NY 12205

Retail, Business Opportunities
Commercial
1,423
Sq. Ft.
0.25
Acre Lot
Listing by: New Scotland Realty
Vylla Home> New York> Albany> 12205
**BEING SOLD AS PACKAGE WITH 1314A CENTRAL AVENUE** Presenting an opportunity to acquire a strategically positioned package deal comprising two adjacent commercial buildings along the bustling Central Ave retail corridor. 1314 Central, currently occupied, the upstairs tenant is paying $1,400/month with rent increases to $1,800 in year 2 and $2,000/month in year 3. The lease is structured as a 1 year lease with two 1-year options. The downstairs tenant is paying $1,200/month with annual 2.5% rent increases. This is a 3 year lease ending in 2027. The property also holds potential for multi-family conversion.1314A Central is occupied by a reputable tattoo parlor tenant with a solid 15-year history, and basement is leased to a plumber with 5-year tenancy.
202329757
Commercial - Retail, Business Opportunities, Other
1967
Albany
0.25 Acres
Public
Brick
Public Sewer
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Data Provided by ATTOM Data Solutions
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Bike Score

Data Provided by Walk Score®
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Data Provided by ATTOM Data Solutions
Listing by: New Scotland Realty
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