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Turnkey Restaurant in Campbell Plaza
For Sale
$99,000
Pending

506 Campbell Ave, Troy, NY 12180

Fully equipped restaurant for sale with assumable long-term lease.

Property Size5,100 SF
Days on Market3624

Property Features for 506 Campbell Ave

General Information

Standard status Pending
Size 5,100 SF

Taxes and HOA fees

Annual Taxes $5,000
Listing Agency: Hanna Commercial
Listed By: Ravi S Modasra
Source: Exprealty
Added: Oct 17, 2016 Changed: Sep 10 Last Checked: Sep 16 at 9:29PM

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 Hanna Commercial

Investment Insights

Based on property information with market context.

A fully equipped, turnkey restaurant is available for sale in Campbell Plaza. The property features a long-term assumable lease with favorable terms. It is located in a plaza with a nail salon and physical therapist. The current owner is absentee, presenting an opportunity for an owner-operator to increase sales and reduce overhead. The existing concept is a chicken fry/fish fry business, but the space could accommodate other concepts. The property size is 5100 square feet.

Key Highlights

  • Fully equipped, turn‑key restaurant ready for immediate operation.
  • Long‑term assumable lease with favorable terms.
  • Excellent location within Campbell Plaza.

Property Analytics

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Current Use

Chicken Joe’s Troy Restaurant Choice Physical Therapy: ... Physician Genevieve Schoff Physician Lucy Simone Physician Thomas Plowinske Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Cumberland Farms Shops & Services
13,032 visits/mo 0.0 miles

Demographics for 12180, NY

55,907
Population
25,527
Households
2.2
Avg Household Size
33
Median Age
40%
College-Educated
90%
High-School Grad
56.2 sq mi
ZIP Area
995
Density / Sq Mi
$73,767
Median Household Income
$41,787
Median Earnings
$1,188
Median Rent
$233,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Restaurant - Fully equipped restaurant for sale with assumable long-term lease.
Where is this restaurant located?
The property is located at 506 Campbell Ave Troy, NY.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Fully equipped, turn‑key restaurant ready for immediate operation.; Long‑term assumable lease with favorable terms.; Excellent location within Campbell Plaza.
More about this property
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