
Albany, NY1606 Central Avenue
Price$6,000,000
MLS Number 202220588
- CommercialSale
- Property SubType Hotel-Motel
- Square Feet 17,470
- Acreage 3.2
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.
Listed by William Curry of NAI Platform LLC