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368 Central Ave 16,420 SF Retail Building Albany, NY 12206 $3,405,475 CAD ($207.40 CAD/SF)
INVESTMENT HIGHLIGHTS
- Established business, FF & E and Inventory and real estate for sale
- Sale includes real estate and owner will consider lease option with option to purchase
- 14 overhead doors; 2 gated parking lots
- Successful business with over 4,000 accounts
- 16,420 total SF; 13,290 SF warehouse, 1,050 office & 2,080 SF retail
- 16,420 total SF; 13,290 SF warehouse, 1,050 office & 2,080 SF retail
EXECUTIVE SUMMARY
Once in a life time 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. Owner will consider lease of property with option to purchase.
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Auto Repair
Building Size
16,420 SF
Building Class
C
Year Built/Renovated
1908/1984
Price
$3,405,475 CAD
Price Per SF
$207.40 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.86 AC
Zoning
MU-FC
Parking
25 Spaces (1.52 Spaces per 1,000 SF Leased)
Frontage
241’ on Central Avenue
AMENITIES
- Fenced Lot
- Signage
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 010100-065-054-0001-018-000-0000 | Improvements Assessment | $454,527 CAD (2024) |
| Land Assessment | $475,377 CAD (2024) | Total Assessment | $929,903 CAD (2024) |
PROPERTY TAXES
Parcel Number
010100-065-054-0001-018-000-0000
Land Assessment
$475,377 CAD (2024)
Improvements Assessment
$454,527 CAD (2024)
Total Assessment
$929,903 CAD (2024)
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