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Corner Restaurant Building
For Sale
$209,000

2903 State Route 8, Speculator, NY 12164

Former restaurant property with commercial kitchen, indoor dining, paved parking, and municipal water and sewer.

Property SizeContact for details
Lot Size0.20 Acres
Days on Market147

Property Features for 2903 State Route 8

General Information

Standard status Active
Lot size 0.20 Acres

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,800
Listing Agency: Howard Hanna
Listed By: Lisa Swift · License #24043
Source: Exprealty
Added: May 23 Changed: Oct 9 Last Checked: Oct 15 at 12:56AM

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 Howard Hanna

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Investment Insights

Based on property information with market context.

This restaurant property includes a level, cleared 0.2-acre corner parcel with paved parking and municipal water and sewer. The building contains an indoor dining room, two half baths, a service counter, and a commercial kitchen. It was previously approved for 62 indoor seats and 30 outdoor seats, supporting a restaurant layout with established customer areas and back-of-house functionality.

The property is located at 2903 State Route 8 in Speculator, where State Route 8 meets State Route 30. The corner setting provides road frontage at a village intersection, with the bank, post office, grocery store, and Chamber of Commerce located across the street. The local trail system also provides snowmobile access to the property.

Key Highlights

  • 0.2‑acre level, cleared corner lot at a village intersection
  • Previously approved for 62 indoor seats and 30 outdoor seats
  • Commercial kitchen, indoor dining room, service counter, and two half baths

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Bakery Hair Salon

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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 12164, NY

487
Population
787
Households
0.6
Avg Household Size
56
Median Age
31%
College-Educated
94%
High-School Grad
116.8 sq mi
ZIP Area
4
Density / Sq Mi
$58,594
Median Household Income
$36,731
Median Earnings
$1,045
Median Rent
$185,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant property with commercial kitchen, indoor dining, paved parking, and municipal water and sewer.
Where is this conventional restaurant located?
The property is located at 2903 State Route 8 Speculator, NY.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: 0.2‑acre level, cleared corner lot at a village intersection; Previously approved for 62 indoor seats and 30 outdoor seats; Commercial kitchen, indoor dining room, service counter, and two half baths
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