1502 NY-22 - Restaurant FOR SALE


Essex, NY 12936
$1,150,000 USD
518-576-2297
1502 NY-22, Essex, NY for Sale
$1,150,000 USD
Restaurant - FOR SALE
1/25
null | Request Cap Rate

1502 NY-22
Essex, NY 12936


OVERVIEW

On the quiet farmlands outside historic Essex, this recently built commercial property offers over 8,000 square feet of thoughtfully designed space. Completed in 2022, the building combines traditional framing with steel construction, electric in-floor radiant heating, mini-split compressors, and 400-amp electrical service, an uncommon standard for new commercial construction in the Adirondack Park. The ground level is home to a mix of established and emerging businesses, including a coffee shop, recording studio, antique car restoration and repair facility, office space, and a garden center with a commercial-grade refrigeration system. Featured in Adirondack Explorer, the property has attracted artists such as Bob Weir of the Grateful Dead and Griffin William Sherry, underscoring its creative draw and prime location. The second floor, over 3,000 square feet, has been framed to accommodate two luxury apartments, providing flexibility for residential or live-work use. Set on two acres with 400 feet of frontage along NYS Route 22, the property is minutes from the Essex-Charlotte Ferry and within easy reach of both the Adirondack High Peaks and Vermont. With its location on the Champlain Valley corridor and its balance of modern systems and adaptable design, the property presents a rare opportunity in a region where new construction is limited.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Auto Repair, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

02-Single

APN/PARCEL ID

152600-048-004-0001-016-000-0000

ASK ABOUT THIS PROPERTY

Matt SmithLandVestMore Info
518-576-2297

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Matt SmithLandVestMore Info
518-576-2297

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