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    Averill Park, NY
    Conventional Restaurant

    Averill Park, NY Conventional Restaurants for Sale

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    Sand Lake, NY West Sand Lake, NY Poestenkill, NY Wynantskill, NY East Nassau, NY Petersburgh, NY East Greenbush, NY Stephentown, NY
    Turnkey Restaurant with On-Site Apartment
    Updated: Jun 12, 2025
    Turnkey Restaurant with On-Site Apartment

    8905 Ny Highway 66, Averill Park, NY 12018

    $490,000
    2,357 sqft 2.13 AC lot
    Special use permit for restaurant use with a fully equipped commercial kitchen and dining space
    Entertainment hall for private events, live music, fundraisers, and community gatherings
    Adjoining apartment provides on‑site living and flexible space for employee housing or additional income potential
    Built in 1951 with wood siding, wood flooring, and a metal roof
    Central air and forced‑air heating, plus a deck and porch
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    This listing looks promising.

    Here's a quick look at some key insights for

    8905 Ny Highway 66, Averill Park, NY 12018

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $37K
      Annual

    • Price @ 7% Cap

      $523K
      Above asking

    • Last Sold

      Oct 2020
      $205K

    • Property Type

      Restaurant
      Built 1951
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    Turnkey Restaurant with Commercial Kitchen
    Updated: Jun 10, 2025
    Turnkey Restaurant with Commercial Kitchen

    8905 Ny Highway 66, Averill Park, NY 12018

    $500,000
    2,357 sqft
    Turnkey restaurant space in Averill Park with a fully equipped commercial kitchen
    Adjoining apartment included with the restaurant space
    Entertainment hall on‑site
    Ample parking available
    Building year built: 1951
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Averill Park, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant & Bar with Outdoor Deck
    Restaurant & Bar with Outdoor Deck

    327 Broadway, Menands, NY 12204

    $495,000
    1,876 sqft 0.06 AC lot

    Brick restaurant and bar offering substantial indoor seating, a deck with additional seats, and ample parking.

    View details
    Established Restaurant and Bar for Sale
    Established Restaurant and Bar for Sale

    327 Broadway, Menands, NY 12204

    $495,000
    1,876 sqft

    Well-established restaurant and bar with a decades-long successful track record.

    View details
    Modernized Mixed-Use Commercial Opportunity
    Modernized Mixed-Use Commercial Opportunity

    1011-1015 Hoosick Road, Troy, NY 12180

    $489,900
    2,768 sqft 1.01 AC lot

    Unique, modernized mixed-use property with two buildings and flexible usage.

    View details
    Waterfront Redevelopment Land
    Waterfront Redevelopment Land

    855 Hoosick Road, Troy, NY 12180

    $1,500,000
    4,060 sqft 3.55 AC lot

    Waterfront land with substantial Hoosick Road frontage, plus an operating restaurant and parking for immediate commercial use.

    View details

    Averill Park, NY Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Averill Park, NY on our real estate platform. These investment opportunities span a total of 4,714 square feet of properties for sale, with an estimated market value of $990,000.

    Sale prices for conventional restaurants in Averill Park, NY start at $490,000, averaging $495,000, and reaching up to $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 7,069
    Population Growth (5Y) -3.5%
    Median Household Income $133,542
    College Educated 64.6%

    High-Yield Neighborhoods for Investment

    Identify Averill Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    12018 $500K

    Listings Trend

    New vs delisted commercial listings in Rensselaer County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Rensselaer County

    Residential Income

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