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51 S Pearl St
Albany, NY 12207
51 S Pearl St, Albany, NY 12207 · Sports & Entertainment Property For Sale · 476,576 SF

PROPERTY FACTS

Property Type Sports & Entertainment
Building Class B
Lot Size 7.40 AC
Building Size 476,576 SF
No. Stories 4
Year Built 1990
Parking Ratio 0.98/1,000 SF
Zoning C3

AMENITIES

  • Bus Line
  • Air Conditioning

ABOUT 51 S PEARL ST , ALBANY, NY 12207

Rare business opportunity for experienced restaurateur or event management firm/caterer in the Albany area. Below market, fully-assignable lease for a 3,655 square-foot, fully operational Restaurant & Bar with significant traffic from major area events. Well-equipped Commercial Kitchen, furniture and fixtures, gorgeous fully stocked marble wrap-around bar, upstairs area with second bar for private events, and outdoor cafe. Restaurant & bar area occupancy of 250, with a seating capacity of 204, including 30 bar stools. There is not a better opportunity in the area for someone looking for a turn-key operation or an accessible location for special events. Call for full details to include equipment list and historical and projected event-driven revenue.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010100-076-011-0001-014-001-0000
Land Assessment
$11,536,567
Improvements Assessment
$79,568,947
Total Assessment
$91,105,515
  • Listing ID: 26327935

  • Date on Market: 2022-08-05

  • Last Updated:

  • Address: 51 S Pearl St, Albany, NY 12207

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