Car Dealership Assemblage
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Car Dealership Assemblage
2 Retail Properties Offered at £3,681,510 in Multiple Locations
Investment Highlights
- Close proximity to (i) I-87 and Wolf Road, (ii) other major car dealerships, and (iii) strong residential and daytime population.
- 6 service bays with in-ground lifts
- 4 EV charging stations onsite (with capacity to add an additional charging station)
- Proven car dealership site and market along Central Avenue in Colonie (+/-41,769 cars/day).
- 1 alignment rack
- 4 roll-up doors
Executive Summary
- Tremendous opportunity to purchase a prime, car dealership property along Central Avenue in Colonie. The existing business is relocating and not for sale.
- The primary dealership building is +/-13,222 SF (recently renovated/updated), with an adjacent dealership annex building
totaling +/-1,040 SF (recently renovated/updated).
- Two-parcel, corner assemblage totaling +/-3.61 acres with parking for +/-143 vehicles. Sale also comes with a +/-0.90 acre
parking easement located at 1730 Central Ave, which provides an additional +/-88 vehicle parking with fencing and
surveillance system in place (please see listing broker for easement conditions).
- The primary dealership building is +/-13,222 SF (recently renovated/updated), with an adjacent dealership annex building
totaling +/-1,040 SF (recently renovated/updated).
- Two-parcel, corner assemblage totaling +/-3.61 acres with parking for +/-143 vehicles. Sale also comes with a +/-0.90 acre
parking easement located at 1730 Central Ave, which provides an additional +/-88 vehicle parking with fencing and
surveillance system in place (please see listing broker for easement conditions).
Property Facts
| Price | £3,681,510 | Number of Properties | 2 |
| Price / SF | £195.99 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 18,784 SF |
| Status | Active | Total Land Area | 3.57 AC |
| Price | £3,681,510 |
| Price / SF | £195.99 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,784 SF |
| Total Land Area | 3.57 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Otto Cadillac
1769 Central Ave, Albany, NY 12205 |
Retail | 13,222 SF | 1991 | - |
| 1767 Central Ave, Colonie, NY 12205 | Retail | 5,562 SF | - | - |
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