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368 Central Ave

16,420 SF Retail Building Albany, NY 12206 £2,347,350 (£143/SF)

Investment Highlights

  • Established business with over 100 years of experience.
  • Niche business with over 4000 accounts.

Executive Summary

Once in a lifetime opportunity to purchase Watkins Spring Co. Inc., an established business with over 100 years of experience providing
heavy duty truck suspension services in the Capital District. This is a niche business with over 4000 accounts and a highly respected reputation in the industry. Sale includes real estate, business, good will, FF & E and inventory. Qualified buyers to sign NDA and show proof of funds. See associated docs for details on buildings and real estate.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
16,420 SF
Building Class
C
Year Built
1984
Price
£2,347,350
Price Per SF
£143
Tenancy
Single
Number of Floors
1
Building FAR
0.44
Lot Size
0.86 AC
Zoning
C3
Parking
25 Spaces (1.52 Spaces per 1,000 SF Leased)
Frontage
241 ft on Central Avenue

Amenities

  • Signage
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

BBQ Chicken
ShopRite Fuel Center
Starbucks
Bank of America
The YMCA
Trustco Bank
Citizens Bank
Price Chopper
Equinox
Community Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-065-054-0001-018-000-0000
Land Assessment
£184,423
Improvements Assessment
£194,439
Total Assessment
£378,862
  • Listing ID: 33599643

  • Date on Market: 22/10/2024

  • Last Updated:

  • Address: 368 Central Ave, Albany, NY 12206

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