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    Freestanding Restaurant in The Orchard Title is generated by Realmo AI

    8645 Clinton St, New Hartford, NY

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    Fully equipped restaurant for sale in The Orchard.

    Type:RETAIL
    Property size:
    6,220 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $188/SF
    Added:
    Nov 14, 2024
    Days on Market:
    573
    Last Refresh:
    May 19 at 11:01 pm

    Property Features for 8645 Clinton St

    General Information

    Standard status
    Active
    Size
    6,220 SF
    Lot size
    0.22 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 8645 Clinton St Contact us

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    Listing Contact
    Carole L. Iseneker

    Listing agent Carole L. Iseneker

    Listing office Pavia Real Estate Services

    Listing date Nov 14, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Pavia Real Estate Services

    HighLights

    • Fully equipped commercial kitchen including walk‑in cooler, freezer, fryers, and hood system.
    • Equipped bar area.
    • Freestanding building.
    • Located within The Orchard.
    • Some furniture and fixtures included.
    • Former restaurant space.

    Overview

    This freestanding former restaurant is located within The Orchard. The 6,220 square foot property features a fully equipped kitchen and bar. Equipment includes a walk-in cooler, freezer, fryers, and a hood system. Some furniture and fixtures are also included.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $100.8k $16.20
    − Vacancy −$5.2k −$0.84
    EGI $95.5k $15.36
    − OpEx −$23.9k −$3.84
    NOI $71.6k $11.52
    6,220 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.02M
    $895.5K – $1.19M (±1% cap)
    NOI $71,643 @ 7.0% cap · market cap 6.10%
    Second Best
    Retail
    $893.8K
    $782.1K – $1.04M (±1% cap)
    NOI $62,567 @ 7.0% cap · market cap 5.32%
    Theoretical Best
    Office A
    $1.64M
    $1.43M – $1.91M (±1% cap)
    NOI $114,737 @ 7.0% cap · market cap 9.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    UNO Pizzeria & Grill Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • A Moveable Feast By O'Connors — 8411 Seneca Tpke, New Hartford, NY 13413
    • Feast & Festivities by O'Connors — 8411 Seneca Tpke, New Hartford, NY 13413
    • Moe's Southwest Grill — 4632 Commercial Dr, New Hartford, NY 13413

    Location Insight

    • Map
    • Local Demand
    City
    New Hartford
    County
    Oneida
    State
    New York
    Longitude
    -75.3172
    Latitude
    43.0924

    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant for sale in The Orchard.
    Where is this restaurant located?
    The property is located at 8645 Clinton St New Hartford, NY.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: Fully equipped commercial kitchen including walk‑in cooler, freezer, fryers, and hood system.; Equipped bar area.; Freestanding building.
    (315) 736-1555 Call to check price and availability
    More about this property
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