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2930 State Route 7 8,738 SF Retail Building Howes Cave, NY 12092 $738,442 CAD ($84.51 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
$738,442 CAD
Price Per SF
$84.51 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 (9.15 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 432689-070-000-0001-002-001-0000 | Improvements Assessment | $297,533 CAD |
| Land Assessment | $19,742 CAD | Total Assessment | $317,275 CAD |
PROPERTY TAXES
Parcel Number
432689-070-000-0001-002-001-0000
Land Assessment
$19,742 CAD
Improvements Assessment
$297,533 CAD
Total Assessment
$317,275 CAD
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2930 State Route 7
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