HS Capital Realty LLC
Nicole Miller, HS Capital Realty LLCPhone: (518) 888-6907
Email: Nickibuys.sellsNY@gmail.com

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listing
1 of 37
CommercialFor Sale
$925,000
1314 Central Avenue
Colonie, NY 12205
Courtesy of New Scotland Realty
MLS: Global MLS
3,478Sq Ft
Est. Mortgage
$4,875/mo

**BEING SOLD AS PACKAGE WITH 1314 CENTRAL AVENUE** Presenting an opportunity to acquire a strategically positioned package deal comprising two adjacent commercial buildings along the bustling Central Ave retail corridor. 1314 Central, currently occupied, the upstairs tenant is paying $1,400/month with rent increases to $1,800 in year 2 and $2,000/month in year 3. The lease is structured as a 1 year lease with two 1-year options. The downstairs tenant is paying $1,200/month with annual 2.5% rent increases. This is a 3 year lease ending in 2027. The property also holds potential for multi-family conversion. 1314A Central is occupied by a reputable tattoo parlor tenant with a solid 15-year history, and basement is leased to a plumber with 5-year tenancy.

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Information courtesy of New Scotland Realty is subject to verification and is not guaranteed.
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