Property profile

1702 Frd St Ogdensburg, NY 13669

OFF-MARKET
Turn key restaurants
Property ID
US63-6230618
3,760 SF 0.77 ac lot Built 1985
Individually Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

The Bayside Bar & Grill, a thriving and established business located at 1702 Ford St, Ogdensburg, NY, is now available for purchase. This turnkey operation boasts a prime location overlooking the St. Lawrence River, offering breathtaking views of the river and Canada. The 3,760 square foot building sits on a 0.77-acre lot and has undergone tasteful interior and exterior updates since its opening in 2018, creating an inviting and modern atmosphere. The custom-built hickory bar, updated recently, seats 15 patrons, each enjoying stunning river views. An impressive outdoor space features a gas fireplace, a bar/tiki area, large stone slabs forming a walkway, and a spacious covered dining area, all enhancing the million-dollar view. The property's strategic location provides easy access to key attractions: the Ogdensburg-Prescott International Bridge is less than 5 minutes away, Ottawa, Canada is a 50-minute drive, the Thousand Islands are 40 minutes away, and the Lake Placid and Adirondack areas are approximately 2 hours away. This exceptional opportunity presents a chance to acquire a well-established, successful business with a strong customer base and significant growth potential. The asking price is $749,000.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Total area 3,760 SF
Lot 0.77 ac (33,541 SF)
APN 401200 48.064-4-2.11
UPID US63-6230618

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant

Location

1702 Frd St Ogdensburg, NY 13669-1844
Ogdensburg metro Census 491400 OGDENSBURG-MASSENA, NY MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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