54-56 Central Avenue Ravena, NY $ 3,500,000
54-56 Central Avenue
$ 3,500,000
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54-56 Central Avenue

Ravena, NY, 12143
$ 3,500,000
Bedrooms-- Baths-- Sq 32,702

Monthly Estimate*

$ 21,550

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Commercial Property for sale in Ravena, NY

for $3,500,000. This 32,702 square foot building was built in 1960 on a lot size of 3.

Position your business for success at 54-56 Central Avenue, a highly visible commercial property located in the center of Ravena's business district. This versatile building offers strong street presence, steady local traffic, and convenient access to Route 9W and the Capital Region, making it an ideal location for a wide range of commercial uses. The property features dual storefront entrances, allowing for multiple tenants, expansion opportunities, or a combined large-format business. Generous interior square footage provides flexible floor plans suitable for retail, office, service-based operations, or specialty commercial concepts. Large display windows offer excellent branding and merchandising potential, while the open interior layout supports efficient customization. Additional highlights include off-street parking, walkability to nearby shops and municipal buildings, and a central location that draws both local residents and commuters. Whether you're launching a new venture, relocating an established business, or seeking an income-producing investment, this property delivers visibility, accessibility, and long-term commercial value. A strong opportunity in a growing community — ideal for entrepreneurs, investors, and business owners looking for a strategic foothold in Ravena. Highly-visibility commercial property located in the center of Ravena's business district. Dual storefront entrances offer flexible space for retail, office, or service-based operations. Large display windows, open interior layout, and strong street exposure. Off-street parking and easy access to Route 9W and I-87. Ideal opportunity for investors or business owners seeking a versatile, centrally located commercial building.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 166,617

Style

Mixed Use

Lot Size

3

Year Built

1960

Town/City

Ravena

County/Region

Albany

MLS | Web ID

956650

Features
General
Sewer Public Sewer
Heating Hot Air Natural Gas
Cooling None
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Appliances Refrigerator Gas Water Heater
Zoning R2
Security Features Fire Alarm Smoke Detector(s) Video Cameras
Construction Materials Block
Year Built 1960
View Trees/Woods
Stories Count 1
Property Subtype Mixed Use
Tax Year 2025
Parcel Number 168.6-3-11.2 & 168.6-3-11.1
Business Type Agriculture Community Center Mixed Professional Service Professional/Office Warehouse Wholesale
Building Name A Plus Management Inc.
County Albany County
Property Type Commercial Sale
Building Features Bathrooms Lobby Overhead Door(s) Shades/Blinds Signage Included Storage
Directions Take NYS-87 N Albany Exit 21B turn right onto 9W then turn right on Rt. 143 Main St. and left onto Central Ave. Arrive at 54-56 on left.
City Albany
Property Attached Y/N N
Tax Annual Amount 166617
Showing Instructions Please provide POF prior to showing. Agent must accompany and requires advance notice. Please use showing time.
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 625000
Tax Lot 168.6-3-11.2 & 168.6
Year Built Effective 1960
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Interior
Flooring Carpet Combination Concrete
Total Stories 1
Basement (Y/N) N
Entry Level 1
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Exterior
Fencing Barbed Wire
Parking Features Off Site Off Street On Street Parking Lot Private Open Off Site Off Street On Street Parking Lot Private Open
Water Source Public
Total Parking 50
Parking Spaces 50
Foundation Details Block
Building Area Total 32702
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 54
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* Excluded Features
List By
Kathy Ann Shumway

Listing Agent

Win Morrison Realty

Broker

845-339-9999

Contact

Affordability Calculator

$35,435
Per Month
61%
39%
0%
Monthly Principal & Interest
$21,550
Monthly Property Taxes
$13,885
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/4/2026$3,500,000 Listed Price

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54-56 Central Avenue, Ravena, NY, 12143 is a Commercial Property for sale at $3,500,000 with 32,702 sqft and a lot size of 3. 54-56 Central Avenue was built in 1960. The property's zip code is 12143 which is in Ravena, NY