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286 Lark St
Albany, NY 12210
286 Lark Street, Albany, NY 12210 · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Property completely renovated in 2020. Conveniently located next to Washington Park. Can include deal for wine bar next door with 2 fully rented apart
- Six levels with a total of 3,700 sq ft. Full liquor license, two full bars with a total seating capacity of 100 seats. Sound & security camera system
- High foot traffic. Owner would consider financing/ lease for a qualified tenant or buyer.
- 286 Lark St - Fantastic opportunity to purchase historic turnkey restaurant a block away from NY State in Hudson Park Neighborhood. High foot traffic.
- Owner's office suite with a full bathroom. Brand new walk-in cooler & freezer. Historically preserved in 2020.
EXECUTIVE SUMMARY
286 Lark St - Fantastic opportunity to purchase historic turnkey full service restaurant a block away from NY State Capital and government buildings. Owner would consider financing/ lease for a qualified tenant or buyer. Included in the sale, building, business & all FF&E. DBA excluded from sale. Totally renovated in 2020 with all brand new equipment and furniture. Six levels with a total of 3,700 sq ft. Full liquor license, two full bars with a total seating capacity of 100 seats. Sound & security camera system in place. Owners office suite with full bathroom and a bedroom. Brand new walk-in cooler, freezer and hood system with heated make up air. Walk out basement with a separate load in door. Washington Park, Albany Medical Center and universities are near by. High foot traffic. Owner would consider a lease for qualified tenant. Listing agent is the owner.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
3,700 SF
Building Class
C
Year Built/Renovated
1876/2020
Price
$1,249,000
Price Per SF
$337.57
Tenancy
Single
Building Height
2 Stories
Building FAR
2.79
Lot Size
0.03 AC
Zoning
C1 - Mixed use.
Frontage
42’ on Lark St
AMENITIES
- Bus Line
- Signage
ABOUT 286 LARK ST , ALBANY, NY 12210
Lark St, between Madison Ave & Hamilton St in historic Albany, NY. The 3,700 square foot retail building sits on a .20 acre commercial lot.
PROPERTY TAXES
| Parcel Number | 010100 76.31-2-75.1 | Improvements Assessment | $253,000 |
| Land Assessment | $19,000 | Total Assessment | $272,000 |
PROPERTY TAXES
Parcel Number
010100 76.31-2-75.1
Land Assessment
$19,000
Improvements Assessment
$253,000
Total Assessment
$272,000
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