16 Avis Drive, Colonie, NY 12110
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16 Avis Drive, Colonie, NY 12110
16 Avis Drive, Colonie, NY 12110
16 Avis Drive, Colonie, NY 12110
16 Avis Drive, Colonie, NY 12110
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Listed by Jessica L Richer • Hanna Commercial
$ 5,200,000
Est. payment /mo
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16 Avis Drive Colonie, NY 12110

53,528 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 53,528 sqft

Price per Sqft $97

MLS Listing ID 202624511

Year Built 1972

Annual Tax Amount $73,193

Lot Size 2.800 Acres

Acres 2.8

Lot Dimensions 327x361x328x398

Property Sub-Type Industrial

Source Global MLS

Property Description

GREAT INVESTMENT OPPORTUNITY for a warehouse in EXCELLENT CONDITION with NYS as a LONG-TERM TENANT, over 30 years at this location, with a newly signed 10 year lease. All increases in operating expenses and taxes above base year are covered by tenant. 7% CAP rate. Warehouse roof replaced in 2026.

Location

State NY

County Albany

Zoning Industrial

Direction From Troy Schenectady Rd., head south on Avis Dr. Property is on left.

Interior

Heating Forced Air, Natural Gas

Flooring Vinyl, Carpet, Concrete

Inclusions Building & Land

Exterior

Parking Features Paved

Roof Type Other

Building

Sewer Public Sewer

Water Public

Architectural Style Commercial

New Construction No

Schools

School District North Colonie (Including Maplewood)

Others

Tax ID 012689 19.3-1-13

NEARBY SCHOOLS & PROPERTIES

Inglenook Realty, Inc.

Inglenook Realty, Inc.

NYS Licensed Real Estate Brokerage | License ID: 109931319

+1(518) 882-6236

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16 Avis Drive

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