288 Lark St - Restaurant FOR SALE


Albany, NY 12210- Center Square
$1,399,000 USD
518-368-1152
288 Lark St, Albany, NY for Sale
$1,399,000 USD
Restaurant - FOR SALE
1/12
null | 7% Cap Rate

288 Lark St
Albany, NY 12210
Center Square


HIGHLIGHTS

  • Fantastic opportunity to purchase historic 288 Lark Wine & Tap Room. Also included in sale 2 luxury brand new apartments w/ separate utilities.
  • Located a block away from the State Capitol & Government Buildings.
  • Property completely renovated and historically preserved in 2019. Can include package deal for 100 seat full service restaurant at next door.
  • Sale includes, building, business & all FF&E. New built in 2019 w/ brand new equipment & furniture. Full liquor license. High foot traffic.
  • Relax at the state of the art bar w/ total seating capacity of 35 inside & 25 outside on gorgeous paved patio in the back.
  • Sound & security camera system in place. Owner would consider owner's financing or a lease for qualified tenant. Listing Agent is the owner.

OVERVIEW

Fantastic opportunity to purchase historic Wine & Tap room. Owner would consider financing/ lease for a qualified tenant or buyer. Included in sale business & building with 2 luxury apartments in Hudson Park Neighborhood. Sale includes, building, business & all FF&E. Totally renovated in 2019 w/ brand new equipment & furniture. Full liquor license, relax at the state of the art bar w/ total seating capacity of 35 in & 25 out on gorgeous, paved patio in back. Sound & security system in place. Also included in sale are 2 luxury brand new apartments w/ separate utilities. ROP's in place. High Efficiency Appliances w/ extended warranties. A block away from the State Capitol & government buildings. Washington Park is a stones throw away. High foot traffic. Owner would consider financing / lease for qualified tenant or buyer. Can include package deal for 100 seat adjoining restaurant Listing agent is owner.

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1876

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C1

APN/PARCEL ID

010100 76.31-2-75.2

ASK ABOUT THIS PROPERTY

Ali CelikVilla Di Como RistoranteMore Info
518-368-1152

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Ali CelikVilla Di Como RistoranteMore Info
518-368-1152

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