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Mixed-Use Building with Restaurant
For Sale
Contact for pricing
Pending

706 Varick Street, Utica, NY 13502

Building includes a restaurant space and five upstairs apartments, with new electric and plumbing run to each unit.

Property SizeContact for details
Days on Market120

Property Features for 706 Varick Street

General Information

Standard status Pending
Property subtype Retail, Multifamily, Mixed Use

Additional Details

Multifamily Units 5
Listing Agency: CENTURY 21 One Realty
Listed By: David Paciello · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 9 at 8:12AM

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 CENTURY 21 One Realty

Investment Insights

Based on property information with market context.

This for-sale building at 706 Varick Street in Utica includes a restaurant tenant space on the ground level and five apartments upstairs. The apartments have had new electric and plumbing components run to each unit. The property is being sold as the building only.

The restaurant operation, Luna’s Mexican Bar & Grill, is not for sale. The building is described as being in the heart of Utica’s Brewery District, and it benefits from a city-maintained parking lot next door.

For buyers seeking a mixed-use structure, the current configuration supports multiple potential redevelopment paths for the residential upper level, including loft-style conversion or office use, subject to applicable approvals.

Key Highlights

  • Building in Utica’s Brewery District with a restaurant space plus five upstairs apartments
  • New electric and plumbing components have been run to each of the five upstairs apartments
  • Restaurant tenant space is operated by Luna’s Mexican Bar & Grill; the restaurant itself is not for sale—only the building

Property Analytics

Current Use

LibertyX Bitcoin ATM Atm One Arabian Night ... Restaurant

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Spa & Massage Center Storage Facility Veterinary Clinic Locksmith

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

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby

Demographics for 13502, NY

33,990
Population
15,337
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
51.4 sq mi
ZIP Area
661
Density / Sq Mi
$59,530
Median Household Income
$36,927
Median Earnings
$965
Median Rent
$149,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Building includes a restaurant space and five upstairs apartments, with new electric and plumbing run to each unit.
Where is this apartment building located?
The property is located at 706 Varick Street Utica, NY.
What are key features of this property?
This property features: Building in Utica’s Brewery District with a restaurant space plus five upstairs apartments; New electric and plumbing components have been run to each of the five upstairs apartments; Restaurant tenant space is operated by Luna’s Mexican Bar & Grill; the restaurant itself is not for sale—only the building
More about this property
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