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Investment Highlights

  • 1.5± Acre Commercial Development Site
  • Ideal for Retail, Restaurant, Service, or Redevelopment Uses
  • Excellent Visibility & Access

Executive Summary

This vacant parcel is ideally suited for retail, service, restaurant, redevelopment, or owner-user development opportunities. Located directly on Central Avenue, a major four-lane roadway connecting Albany, Colonie, and surrounding Capital Region markets, the property benefits from exceptional exposure to thousands of daily commuters, shoppers, and local residents.
Property Highlights
1.5-acre vacant commercial parcel
141' ?Frontage along heavily traveled four-lane Central Avenue
Excellent visibility and accessibility
Surrounded by established retail, commercial businesses, and residential neighborhoods
Ideal for retail, restaurant, service business, redevelopment, or investment purposes
Strong demographic and traffic counts within the trade area
Strategic location in Albany's primary commercial corridor

Property Facts

Price $650,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.47 AC
Zoning COR - Commercial Office Residential (COR): Broad Range of Retail, Office, Medical, Restaurant, Service Commercial, and Mixed-Use Opportunities

1 Lot Available

Lot

Price $650,000
Price Per AC $433,333.33
Lot Size 1.50 AC

Positioned along one of Albany's busiest commercial corridors, 2011 Central Avenue presents a rare opportunity to acquire approximately 1.5 acres of commercially zoned land in a highly visible, high-traffic location.

Description

Whether you're an owner-user seeking a highly visible business location, a developer pursuing a new commercial project, or an investor targeting future appreciation, this property offers flexibility and long-term upside in a proven retail market. The combination of strong traffic flow, nearby consumer amenities, and continued commercial activity along Central Avenue creates an attractive environment for a wide range of uses. entral Avenue serves as one of the Capital Region's most active commercial thoroughfares, featuring a mix of national retailers, local businesses, restaurants, and service providers. The property's location provides convenient access to: Interstate 87 (Adirondack Northway) Albany International Airport Colonie Center and Crossgates Mall trade areas Downtown Albany Major residential neighborhoods throughout Albany and Colonie

Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40752099

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 2011 Central Ave, Albany, NY 12205

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