2582 State Highway 7 - Restaurant FOR SALE


Bainbridge, NY 13733
$599,000 USD
315-430-1320
2582 State Highway 7, Bainbridge, NY for Sale
$599,000 USD
Restaurant - FOR SALE
1/49
null | Request Cap Rate

2582 State Highway 7
Bainbridge, NY 13733


HIGHLIGHTS

  • Restaurant Property + Real Estate + FF&E + Inventory
  • 1,568 SF Income-Producing Second-Floor Apartment
  • High-Visibility State Route 7 Location + Outdoor Expansion Potential
  • Fully Equipped Commercial Kitchen + 12 Draft Beer Taps with New Lines
  • Current Owners Willing to Assist With Property & Equipment Transition

OVERVIEW

Rare opportunity to acquire a fully equipped restaurant property in Bainbridge, New York, offered with extensive furniture, fixtures and equipment (FF&E), inventory and an income-producing second-floor apartment. The operating Bainbridge Pub business is not included in the sale. Located along highly visible State Route 7, the property offers excellent exposure, ample on-site parking and a substantially equipped platform for a new owner/operator to establish their own restaurant, bar, hospitality or other permitted commercial concept. The approximately 3,596 SF restaurant area features a fully equipped commercial kitchen with extensive equipment, an established bar with 12 draft beer taps and new lines, multiple dining areas, private dining and banquet/event space, central air conditioning and a Vermont Castings propane stove. An additional approximately 1,568 SF second-floor apartment is currently occupied by a long-term tenant, providing immediate rental income and additional flexibility for an investor or owner/operator. Outside, the property features a covered patio and spacious backyard with potential for expanded outdoor dining, entertainment, community events and other revenue-generating uses, subject to applicable approvals. The offering includes the real estate, restaurant FF&E and inventory. The operating business is not included. Current ownership is preparing for retirement and is willing to assist with the transition of the property and included equipment. Offered at $599,000.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Bainbridge Pub

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

Commercial

APN/PARCEL ID

082289-253-000-0002-004-000-0000,082289-253-000-0002-005-100-0000,082289-255-000-0001-031-000-0000,082289-255-000-0001-040-600-0000

ASK ABOUT THIS PROPERTY

Evan WernerHoward Hanna Real Estate ServicesMore Info
315-430-1320

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Evan WernerHoward Hanna Real Estate ServicesMore Info
315-430-1320

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