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1312 Central Ave - Multi-Use Buildings 9,000 SF Specialty Building Offered at $595,000 in Albany, NY 12205

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INVESTMENT HIGHLIGHTS

  • Approximately 8,050 SF of adaptable space, perfect for multi-functional use.
  • Situated on a 100' x 200' parcel, providing room for expansion or outdoor amenities.
  • Located directly on a bus line, ensuring easy transportation for staff, visitors, or students.
  • Originally built as a school and currently used as a church, offering unique architectural charm.
  • Includes 15 on-site parking spaces, with potential for additional parking upon town approval.
  • NCOR zoning supports a mix of neighborhood commercial, office, and residential uses, maximizing redevelopment opportunities.

EXECUTIVE SUMMARY

This unique two-story building, originally constructed as a school and currently used as a church, offers approximately 8,050 square feet of versatile space. Situated on a 100' x 200' lot, the property includes 15 parking spaces, with the potential for additional parking pending town approval based on use.
Ideal for a training center, educational facility, or community space, this property is conveniently located on a bus line for easy accessibility.
Zoning: NCOR (Neighborhood Commercial Office Residential)
Tax Status: Currently tax-exempt. The final tax amount will be determined by the Town of Colonie Assessor’s Office based on the purchase price.
Sale Approval: Any sale must be approved by the New York State Attorney General’s Office, a process that may take up to six months.
Note: The website map may not recognize 1312 Central Ave; please reference this address when inquiring.
For more details or to schedule a viewing, contact me today! 518-857-4654
For Sale: 1312 Central Ave, Colonie, NY
This unique two-story building, originally constructed as a school and currently used as a church, offers approximately 8,050 square feet of versatile space. Situated on a 100' x 200' lot, the property includes 15 parking spaces, with the potential for additional parking pending town approval based on use.
Ideal for a training center, educational facility, or community space, this property is conveniently located on a bus line for easy accessibility.
Zoning: NCOR (Neighborhood Commercial Office Residential)
Tax Status: Currently tax-exempt. The final tax amount will be determined by the Town of Colonie Assessor’s Office based on the purchase price.
Sale Approval: Any sale must be approved by the New York State Attorney General’s Office, a process that may take up to six months.
Note: The website map may not recognize 1312 Central Ave; please reference this address when inquiring.
For more details or to schedule a viewing, contact us today!

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $595,000
Price Per SF $66.11
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Religious Facility
Building Class C
Lot Size 0.46 AC
Building Size 9,000 SF
No. Stories 2
Year Built/Renovated 1972/2012
Parking Ratio 1.67/1,000 SF
Zoning 13 - NCOR as a mixed-use district allowing neighborhood-scale commercial, office, and residential uses (with specific standards).

AMENITIES

  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 012689-042-018-0001-020-000-0000
  • 012689-042-018-0001-021-000-0000
Land Assessment
$230,000
Improvements Assessment
$470,000
Total Assessment
$700,000
  • Listing ID: 31126806

  • Date on Market: 3/5/2024

  • Last Updated:

  • Address: 1312 Central Ave, Albany, NY 12205

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