6202-6208 State Highway 28 - Hospitality FOR SALE


Fly Creek, NY 13337
$950,000 USD
917-512-3480
6202-6208 State Highway 28, Fly Creek, NY for Sale
$950,000 USD
Hospitality - FOR SALE
1/14
null | 4.42% Cap Rate

6202-6208 State Highway 28
Fly Creek, NY 13337


HIGHLIGHTS

  • Recently renovated corner building in high traffic area with on-site Parking. Minutes away from Cooperstown Dreams Park and Bassett Hospital.
  • Fully equipped and renovated Bar and Restaurant. Turn-key operation! Best cocktails and beverage selection between Albany and Utica!
  • Includes 4 residential apartments (2 one-bedroom apartments, 2 two-bedroom apartments)
  • Includes 1 retail store approximately 800sq feet
  • Renovated Basement for storage or office space.
  • Second floor of restaurant can be used as Event space or rented for additional income.

OVERVIEW

Operating bar & restaurant plus an additional four income producing apartment rentals and another retail store, on 2.7 acre lot. Located in a high traffic area in beautiful Fly Creek, NY, just minutes away from Baseball Dreams Park and the Baseball Hall of Fame in Cooperstown, NY and many other attractions (Lake Otsego, Glimmerglass Opera, Golf, farms etc.) and also minutes away from the Bassett hospital. The building has on site parking and has benefited from recent upgrades, such as new roof, new boiler, new paint and apartment renovations. Wonderful opportunity for chefs/restaurateurs that want to own their restaurant and have the rents pay the mortgage while enjoying the beauty of Fly Creek and everything this lovely town in Otsego county has to offer!

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$43 USD /SF

# OF ROOMS

9

PRICE/ROOM

$105,556 {currency}

CAP RATE

4.42%

STATUS

Converted

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rental Property and Restaurant

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1850

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

01

APN/PARCEL ID

365089-114-005-0001-037-000-0000

ASK ABOUT THIS PROPERTY

Constantine Gavalas6208 Hwy 28 food corpMore Info
917-512-3480

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Constantine Gavalas6208 Hwy 28 food corpMore Info
917-512-3480

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.