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2930 State Route 7 8,738 SF Retail Building Howes Cave, NY 12092 $529,000 ($60.54/SF)
INVESTMENT HIGHLIGHTS
- Large restaurant that was recently renovated.
- Property includes 4 apartment units.
- Banquet hall located in building.
EXECUTIVE SUMMARY
Turn key restaurant totally renovated within the last 10 years for a new owner. The restaurant seats 175 people. It has a huge bar area and
catering hall that seats 300. Huge state of the art kitchen, office and basement. Close to Howe Caves, interstate I-88 and Albany. The property also includes
a separate 4 unit apartment house that generates $3400 a month.
catering hall that seats 300. Huge state of the art kitchen, office and basement. Close to Howe Caves, interstate I-88 and Albany. The property also includes
a separate 4 unit apartment house that generates $3400 a month.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,738 SF
Building Class
C
Year Built/Renovated
1964/2013
Price
$529,000
Price Per SF
$60.54
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
7.70 AC
Opportunity Zone
Yes
Zoning
R2 - Residential Zoning
Parking
80 Spaces (9.15 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 432689-070-000-0001-002-001-0000 | Improvements Assessment | $211,000 |
| Land Assessment | $14,000 | Total Assessment | $225,000 |
PROPERTY TAXES
Parcel Number
432689-070-000-0001-002-001-0000
Land Assessment
$14,000
Improvements Assessment
$211,000
Total Assessment
$225,000
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2930 State Route 7
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