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    3281 Franklin Ave Millbrook, NY 12545

    For Sale
    $249,500

    Established Deli, Main Street Location, Excellent Lease Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This thriving Millbrook, NY deli, established in 1976, presents a unique opportunity for a savvy investor. Located on Franklin Avenue, Millbrook's main street, this business boasts a recently renovated interior and a proven track record of success spanning nearly five decades. The sale includes all equipment, a delivery vehicle, furniture, and fixtures, ensuring a seamless transition for the new owner. A potential 10-year lease is available, providing long-term stability. The property benefits from municipal water and sewer services, and ample public parking is conveniently located nearby. This turnkey operation is ready for immediate ownership and continued success, offering a rare chance to acquire a well-established business in a desirable location. The asking price is $249,500. The property itself is not included in the sale

    Property Features for 3281 Franklin Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Millbrook Deli Deli ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millbrook
    County
    Dutchess County
    State
    New York
    Longitude
    -73.69382
    Latitude
    41.78542

    Nearby Comparable

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      Prime Millbrook Restaurant Business

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      Land For Sale

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    • $2,100,000
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      Historic Millbrook Estate

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    • $1,150,000

      28.43 Acres of Open Land

      28.43 acres of open land near Millbrook, New York.
      521 Woodstock Rd, Millbrook, NY 12545
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    Nearby Similar for Sale

    • $895,000
      0.68 Acres

      Multi-Family Property with Detached Cottage

      Charming multi-family property with income potential in Dutchess County.
      5028-5030 Rt-82, Millbrook, NY 12578
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    • $2,100,000
      24,676 SF

      Historic Millbrook Estate

      32 Acres, 9 Bedroom Mansion, Huge Potential
      54 Ramble Hill Rd, Millbrook, NY 12545
      View Details
    • $180,000

      Prime Millbrook Restaurant Business

      Established Bistro, Turn-Key Operation
      152 Church St, Millbrook, NY 12545
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established Deli, Main Street Location, Excellent Lease Opportunity
    Where is this commercial real estate located?
    The property is located at 3281 Franklin Ave Millbrook, NY.
    What is the asking price?
    The asking price for this property is $249,500.
    Request Owner's contact information
    3281 Franklin Ave Millbrook, NY 12545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3281 Franklin Ave Millbrook, NY 12545
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