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7 E River Rd 13,011 SF Retail Building Central Square, NY 13036 $1,500,000 ($115.29/SF) 8% Cap Rate
Investment Highlights
- 2.21 Acres Of Land
- Full Kitchen and Walk-In Cooler
- Massive Dining and Party Spaces as well as multiple Bars
Executive Summary
Phenomenal commercial property with waterfront views. Opportunity on the Oneida River! Welcome to 7 E River Rd, a local staple widely known as Jake's Grub & Grog. This turnkey commercial property is ideally situated just two minutes off Interstate 81 in Brewerton, offering unmatched regional visibility and access. The well-maintained facility features an expansive bar, a fully functional kitchen layout, an outdoor dining deck with scenic water views, and a dedicated banquet area that hosts events! Complete with a generous private parking lot, this high-traffic location is ready for its next owner to step in and capitalize on a loyal customer base. Schedule your private tour today
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
13,011 SF
Building Class
C
Year Built
1970
Price
$1,500,000
Price Per SF
$115.29
Cap Rate
8%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.22 AC
Zoning
07 - Mixed Use
Parking
36 Spaces (2.77 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Security System
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 353289-307-011-0004-002-001-0000 | Improvements Assessment | $342,900 |
| Land Assessment | $52,100 | Total Assessment | $395,000 |
Property Taxes
Parcel Number
353289-307-011-0004-002-001-0000
Land Assessment
$52,100
Improvements Assessment
$342,900
Total Assessment
$395,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
7 E River Rd