572 2nd Ave - Restaurant FOR SALE


Troy, NY 12182
$599,000 USD
518-376-2717
572 2nd Ave, Troy, NY for Sale
$599,000 USD
Restaurant - FOR SALE
1/52
null | Request Cap Rate

572 2nd Ave
Troy, NY 12182


OVERVIEW

Exceptional opportunity to acquire Verdile's Restaurant, a long-standing Lansingburgh property with over 80 years of community presence. Located in a COR (Commercial Office Retail) mixed-use zoning district, this property allows for restaurant, retail, office, medical, professional services, or mixed-use residential/commercial applications (subject to approval). Sale includes all FF&E for turnkey operation. Features include commercial kitchen, dining space, large parking lot, extensive basement storage, and a 3-bedroom apartment above for owner occupancy or rental income. Includes vacant lot at 12 115th St across the street, offering added development or expansion potential.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B5

APN/PARCEL ID

1700-080.55-3-12

ASK ABOUT THIS PROPERTY

Philip SabatinoHanna Commercial Real EstateMore Info
518-376-2717

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Philip SabatinoHanna Commercial Real EstateMore Info
518-376-2717

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