Sold
Last Sold Price
2 baths2,341 sqft$171/sqft
987 Loudon Rd, Colonie, NY 12047
Mixed UseProperty Type
0.4 acresLot Size
1991Year Built
$171/sq ftPrice per sq ft
20 carsParking Spaces

Description

Prime “Stand Alone” commercial building on busy Route 9 in the Town of Colonie C. O. R. zone. This building was used as medical and media offices for the past 10 years. Strategically located on the busiest part of Route 9 next to the Century House, the Hampton Inn and Lia Infinity this property is in the retail hub of Latham and boasts traffic in excess of 30,000 cars per day. Possible uses include Commercial, Retail, Office, Residential or Mixed Use. Live upstairs with your business downstairs....Prime “Stand Alone” commercial building on busy Route 9 in the Town of Colonie C. O. R. zone. This building was used as medical and media offices for the past 10 years. Strategically located on the busiest part of Route 9 next to the Century House, the Hampton Inn and Lia Infinity this property is in the retail hub of Latham and boasts traffic in excess of 30,000 cars per day. Possible uses include Commercial, Retail, Office, Residential or Mixed Use. Live upstairs with your business downstairs. The building offers 14 parking spots and room for additional parking on the property. The signage on this busy road is sure to bring in business. It’s time to get out of the strip mall and start owning. Seller is open to leasing the building and is open to offers and other options.
  • Listed by: Steven J Sbardella 518.456.6518 steve@518realty.com • 518 Realty.Com Inc
Listing closed: 08/04/2021 12:00 AM • Source: GLOBAL MLS, MLS#: 202022590

Recent comparable sales

Median sold price

$440,000

Avg days on market

5

Sale-to-list ratio

102.5%

Colonie, NY

9 comparable properties found

$450,000 | 350 Wvlt Shaker Road, Colonie, NY 12189
1/56
1

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Unavailable
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3
Bathrooms
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Square Feet
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$462,000 | 8 Da Vinci Place, Colonie, NY 12110
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Square Feet
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$440,000 | 7 Old Mohawk Place, Colonie, NY 12110
1/3
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3
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2,200
Square Feet
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Acres
$455,000 | 31 Laura Drive, Colonie, NY 12110
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2
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2,083
Square Feet
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Acres
$325,000 | 22 Schaffer Drive, Colonie, NY 12047
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1
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1,954
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Acres
$420,000 | 578 Columbia St Extension, Colonie, NY 12047
1/26
6

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Sold 06/24/26

4
Bedrooms
2,109
Square Feet
0.54
Acres
$365,000 | 1 Colonie Avenue, Colonie, NY 12110
1/70
7

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Sold 09/17/24

5
Bedrooms
1,890
Square Feet
0.49
Acres
$375,000 | 36 Arcadia Avenue, Colonie, NY 12110
1/2
8

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2,400
Square Feet
0.12
Acres
$441,000 | 34 Brookwood Drive, Colonie, NY 12110
1/36
9

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Sold 06/27/25

4
Bedrooms
2,004
Square Feet
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Acres

Location

Listing Courtesy of 518 Realty.Com Inc

Sold By Coldwell Banker Prime Properties

Add your commute

Payment Calculator

$2,864 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,033

Property Taxes

$831

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 987 Loudon Road

Property Details
  • Taxes: $9,966 / year
  • MLS Type: Commercial Sale / Mixed Use
  • Architectural Style: Office, Commercial
  • Zoning: Commercial
  • Waterfront: No
  • Parking Total: 20.00
Building Information
  • Stories: 2
  • Year Built: 1991
  • Lot Size: 0.40 AC / 17,424 SF
Summary
Location and General Information
  • Postal City: Cohoes
  • Directions: Rt. 9 or New Loudon Rd. Located next door to the Century House Restaurant and Hotel.
  • City: Colonie
  • State Or Province: NY
  • Postal Code: 12047
  • County Or Parish: Albany
  • Latitude: 42.77
  • Longitude: -73.75
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 9
  • Tax Block: 2
  • Parcel Number: 012689 9.4-2-9
  • Tax Tract: 9.4
  • Tax Annual Amount: $9,966.00
Parking
  • Attached Garage: Yes
  • Parking Features: Private, Under Residence, Attached
School Information
  • School District: North Colonie (including Maplewood)
Property
Property and Assessments
  • Property Type: Commercial Sale
  • Property Type Label: Commercial Sale
Lot Information
  • Year Built: 1991
  • Lot Size Dimensions: 105x180x102x181
  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Size Units: Acres
  • Lot Size Square Feet: 17424.0
Building Information
  • Building Area Total: 2341.0
  • Living Area: 2341.0
  • Possible Use : Business: Yes
  • Possible Use : Office: Yes
  • Possible Use : Office Plus: Yes
  • Possible Use : OfficeRetail: Yes
  • Possible Use : Retail: Yes
Utilities
  • Water Source: Public
  • Utilities: FIOS, Sewer Available, Water Available
Interior and Exterior Features
Interior Features
  • Heating: Forced Air, Natural Gas
  • Roof: Asphalt
  • Construction Materials: Masonite
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Yes
  • Stories: 2
  • Amenities : Security System: Yes
  • Amenities : Sign Free Standing: Yes
  • Building Detail : Elevator #: 0
  • Building Detail : Elevator Description: 0
  • Building Detail : Office Available SQFT: 2,341.00
  • Building Detail : Retail Available SQFT: 2,341.00
  • Building Detail : Warehouse Available SQFT: .00
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00

Property History for 987 Loudon Road

DateEvent & SourcePriceAppreciation
Aug 4, 2021

Sold

GLOBAL MLS #202022590

$400,000
Jul 29, 2021

Sold (Public Record)

Public Record #1476406797

$400,000
Feb 23, 2021

Pending

GLOBAL MLS #202022590

DateEvent & SourcePrice
08/04/2021

Sold

GLOBAL MLS #202022590

$400,000
07/29/2021

Sold (Public Record)

Public Record #1476406797

$400,000
02/23/2021

Pending

GLOBAL MLS #202022590

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 987 Loudon Road

Taxable ValueLand$80,000Additions$170,000Total$250,000
Tax Record2025$10,714 ($893 / month)
Home Facts
Total Finished SqFt2,341 SqFtAbove Grade Finished SqFt2,341 SqFtUnfinished Basement SqFt1,334 SqFtStories2Lot Size17,424 SqFtStyleOffice BuildingYear Built1990Year Renovated1990Zoning12CountyALBANYAPN012689 9.4-2-9

Schools near 987 Loudon Road

This home is within North Colonie Central School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Boght Hills School
PublicK to 5

Shaker Junior High School
Public6 to 8

Shaker High School
Public9 to 12

St Ambrose School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 987 Loudon Road, Colonie, NY 12047
$400,000
2
2,341
17,424
1,530
20,038
$4,000,000
60,896
257,004
$350,000
3,493
38,333
12,256
78,408
20,416
108,900

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 518 Realty.Com Inc

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