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2575 Academy St 4,604 SF 100% Leased Retail Building Ransomville, NY 14131 $960,733 CAD ($208.67 CAD/SF)



Investment Highlights
- Longtime steady clientele.
- Proven Profit
- 1 BR Managers Apartment
Executive Summary
Public Remarks: Johnstons Family Restaurant has served Ransomville and its surrounding communities for generations. Dale & Rose Johnston have carried on the family tradition for the past 37 years, offering a meeting place, delicious homestyle cooking & a welcoming, friendly atmosphere for all. With their retirement, they are offering this opportunity to purchase their well established and fully operational family restaurant. Sale includes restaurant, business, furnishings & all equipment on premise. Restaurant offers a full bar w/ seating for 12, DR w/seating for 60, fully equipped kitchen w/walk in cooler & freezer. Also 2BR apartment on floor 2 & detached garage for additional storage. Parking lot is lined with 14 spaces. Additional street parking is often used as well. Dont miss your opportunity to continue this long time Ransomville tradition! This is a turnkey operation with an established client base. Johnstons Family Restaurant is open Tuesday thru Saturday 2pm - 9pm and will be open for business, maintaining these hours while listed for sale.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,604 SF
Building Class
C
Year Built
1920
Price
$960,733 CAD
Price Per SF
$208.67 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.35 AC
Zoning
CMU
Amenities
- Restaurant
- Backup Power / Generators
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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2575 Academy St
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