8390 Seneca Tpke - Restaurant FOR SALE


New Hartford, NY 13413
$1,100,000 USD
315-735-2222
8390 Seneca Tpke, New Hartford, NY for Sale
$1,100,000 USD
Restaurant - FOR SALE
1/27
null | Request Cap Rate

8390 Seneca Tpke
New Hartford, NY 13413


HIGHLIGHTS

  • High Traffic Count Location (nearly 20k AADT)
  • Separate Banquet Area
  • Ample parking
  • Untapped potential for expansion

OVERVIEW

A long-standing restaurant, operating successfully for over 40 years, is now available for sale. This highly profitable establishment boasts ample opportunities for further expansion. Situated in a prime location with heavy traffic counts and extensive visibility, it presents an enticing investment prospect. The owner is open to financing options for qualified buyers. Additional revenue with upstairs apartment.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Michael T's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C1

APN/PARCEL ID

328-011-0001-003-000-0000

ASK ABOUT THIS PROPERTY

Joelle Sebastian-DeanColdwell Banker Faith PropertiesMore Info
315-735-2222

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Joelle Sebastian-DeanColdwell Banker Faith PropertiesMore Info
315-735-2222

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