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MLS ID KEY956650Last updated Sep 18, 2026

Mixed Use

54-56 Central Avenue

Active · Albany · Albany County, NY 12143

Asking price$3,200,000Request a Showing
Year built
1960
Est. monthly taxes
$13,884.75
Property gallery0 / 38
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About this home

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.

Listing snapshot

Days on site
59 days
Listed on MLS
Feb 3, 2026
Annual property tax (MLS)
$166,617
Tax year
2025
Listing brokerage
Win Morrison Realty
MLS ID
KEY956650
Last updated
Sep 18, 2026

General features

Property type
Mixed Use
Year built
1960
Stories
1
Total parking
50
Parking
Off Site, Off Street, On Street, Parking Lot, Private, Open
Water source
Public
Sewer
Public Sewer
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Interior features

Heating
Hot Air, Natural Gas
Cooling
None
Appliances
Refrigerator, Gas Water Heater
Flooring
Carpet, Combination, Concrete

Exterior features

Construction materials
Block

Recent activity

  1. Listing updated from MLS
  2. First seen on this site
  3. MLS status changed

Location

Albany · Albany County, NY 12143Show interactive map
54-56 Central Avenue

Albany · Albany County, NY 12143

Google Maps directions

Listing data is supplied by the MLS and may change without notice.