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Klings Mills 8955 Swamp Rd 6,916 SF Vacant Retail Building Waterville, NY 13480 $239,000 ($34.56/SF)

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INVESTMENT HIGHLIGHTS

  • HISTORIC HOP COUNTRY MAKES FOR MICRO-BREWERY WITH DESTINATION RESTAURANT
  • CAPABILITY OF MULTIPLE BUSINESSES MAKING FOR 365 DAYS A YEAR OPERATION
  • EXCELLENT MIXED USE PROPERTY

EXECUTIVE SUMMARY

NEW PRICE.REDUCED.Welcome to the “heart of Hop Country". Historic farming area helped build businesses like "Breweries" that still exist in Utica and beyond. In fact "Klings Mills" has been in business in N. Brookfield (Hop Country) since 1869.Operating as a restaurant, hardware store/grocery store & gas station. It sits on 1.36 acres with large parking lot. Sold as a "Turnkey" business with all equipment and inventory included. PLENTY OF ROOM FOR EXPANSION OF RESTAURANT AND STORE AND MORE.The property has 3 outbuildings for storage, above ground fuel tanks for the gas station,3 phase power, truck scales and loading garages for the main building. The interior of the main building has a 40+ seat restaurant, multiple walk-in coolers, restaurant equipment, dry storage rooms,2 story garage bays, deli counter, office space and hardware equipment. High speed internet is available, and a newer furnace has been installed. This property is being sold "as is". ATTENTION ENTREPRENEURS:THIS LOCATION AND THE BUILDING TYPE WOULD LEND WELL TO AN EXCELLENT DESTINATION MICRO-BREWERY ALONG WITH THE EXISTING RESTAURANT.HARDWOOD FLOOR CATERS TO DANCING AND LIVE ENTERTAINMENT.LOCATION BECKONS TO A SCENIC WEDDING ETC. VENUE.NUMEROUS SNOWMOBILE TRAILS AT THE BACK DOOR. THIS WOULD DEFINITELY PROVIDE INCOME ALL WINTER. HORSE TRAILS ARE PART OF THE LANDSCAPE AS WELL. THE RAILROAD RUNS JUST BEHIND THE BUILDING AND OPERATES.
ATTENTION ENTREPRENEURS:THIS LOCATION AND THE BUILDING TYPE WOULD LEND WELL TO AN EXCELLENT DESTINATION MICRO-BREWERY ALONG WITH THE EXISTING RESTAURANT.HARDWOOD FLOOR CATERS TO DANCING AND LIVE ENTERTAINMENT.LOCATION BECKONS TO A SCENIC WEDDING ETC. VENUE.BARBECUES AND OUTDOOR CATERING WOULD BE EXCELLENT. HEART OF SNOWMOBILE TRAILS ALL AROUND. OPERATING RAILROAD RUNS JUST BEHIND THE BUILDING. MIGHT BE A VALUE ADD.
365 days a year operating as a variety of businesses all under one roof.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,916 SF
Building Class
C
Year Built/Renovated
1939/1970
Price
$239,000
Price Per SF
$34.56
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.12
Lot Size
1.36 AC
Zoning
C - Commercial
Frontage
80’ on Swamp Road

AMENITIES

  • Freeway Visibility
  • Restaurant
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
252000-140-000-0002-030-001-0000
Land Assessment
$6,200
Improvements Assessment
$8,800
Total Assessment
$15,000
  • Listing ID: 28711053

  • Date on Market: 6/9/2023

  • Last Updated:

  • Address: 8955 Swamp Rd, Waterville, NY 13480

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