54-56 Central Avenue
Ravena, NY, 12143 $ 3,500,000
Bedrooms-- Baths-- Sq 20,702 Monthly Estimate*
$ 21,550
for $3,500,000. This 20,702 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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FeaturesGeneralSewer 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
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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InteriorFlooring Carpet Combination Concrete
Total Stories 1
Basement (Y/N) N
Entry Level 1
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ExteriorFencing 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 20702
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByKathy Ann ShumwayListing Agent
Win Morrison RealtyBroker
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Ravena, NY
Average List Price $2,643,750
Percent of Sale Price 24%
About Ravena, NY 5,074 Population
-4% Since 2002
$ 51,434 Median Income
41.54 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/4/2026 | $3,500,000 | | Listed Price |