Offered for sale is an 11,180± SF free-standing retail building, originally constructed in 1998 specifically for Rite Aid, which operated at this location for over 25 years. The property has been well maintained and benefits from COR zoning, allowing a wide range of commercial and retail uses. It sits at the high-traffic, signalized intersection of Central Avenue and Route 155, one of the most active and established retail corridors in the Capital Region. The site offers excellent visibility, ample parking, and multiple points of access, creating a strong environment for an owner-user, investor, or redevelopment project. Its efficient floor plan and modern infrastructure make it ideal for single-tenant retail, medical, or service-oriented use. Prime for re-tenanting, redevelopment, or a ground lease, the property’s strategic corner positioning provides outstanding exposure to over 60,000 vehicles per day. With strong surrounding demographics and proximity to major national retailers, this property represents a rare opportunity to acquire a proven retail asset in the heart of Colonie, one of Upstate New York’s most dynamic suburban markets.