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2930 State Route 7 8,738 SF Retail Building Howes Cave, NY 12092 $733,935 CAD ($83.99 CAD/SF)



INVESTMENT HIGHLIGHTS
- Large restaurant that was recently renovated.
- Property includes 4 apartment units.
- Banquet hall located in building.
EXECUTIVE SUMMARY
Turn key restaurant totally renovated within the last 10 years for a new owner. The restaurant seats 175 people. It has a huge bar area and
catering hall that seats 300. Huge state of the art kitchen, office and basement. Close to Howe Caves, interstate I-88 and Albany. The property also includes
a separate 4 unit apartment house that generates $3400 a month.
catering hall that seats 300. Huge state of the art kitchen, office and basement. Close to Howe Caves, interstate I-88 and Albany. The property also includes
a separate 4 unit apartment house that generates $3400 a month.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,738 SF
Building Class
C
Year Built/Renovated
1964/2013
Price
$733,935 CAD
Price Per SF
$83.99 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
7.70 AC
Opportunity Zone
Yes
Zoning
R2 - Residential Zoning
Parking
80 Spaces (9.16 Spaces per 1,000 SF Leased)
Frontage
127’ on New York 7
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 432689-070-000-0001-002-001-0000 | Improvements Assessment | $288,536 CAD |
| Land Assessment | $19,145 CAD | Total Assessment | $307,681 CAD |
PROPERTY TAXES
Parcel Number
432689-070-000-0001-002-001-0000
Land Assessment
$19,145 CAD
Improvements Assessment
$288,536 CAD
Total Assessment
$307,681 CAD
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2930 State Route 7
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