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Turnkey Restaurant with Apartment Income
For Sale
$529,000

2930 Main St, Cobleskill, NY 12043

Renovated restaurant with catering, bar, and apartment rental income.

Lot Size4.42 Acres
Days on Market540

Property Features for 2930 Main St

General Information

Standard status Active
Lot size 4.42 Acres
Listing Agency: Century 21 North East
Listed By: Dean C Nunamann · License #30NU0705806
Source: Exprealty
Added: Feb 6, 2025 Changed: Jul 10 Last Checked: Jul 30 at 2:09PM

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 North East

Investment Insights

Based on property information with market context.

This is a turnkey restaurant property that has been fully renovated within the last 10 years. The restaurant has seating for 175 people and includes a large bar area. A catering hall on the premises can accommodate 300 guests. The property features a large, state-of-the-art kitchen, an office, and a basement. The location is near Howe Caves, Interstate I-88, and Albany. Additionally, the property includes a separate four-unit apartment building that generates $3400 per month in rental income.

Key Highlights

  • Turnkey restaurant with recent renovation.
  • Separate 4‑unit apartment house generating $3400 monthly income.
  • Large seating capacity: 175 in the restaurant and 300 in the catering hall.**

Property Analytics

Current Use

Turn key restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Building Supply

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

181
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Shops & Services 27% Groceries 23% Home Improvements & Furnishings 16%
Price Chopper Groceries
21,492 visits/mo 0.5 miles
Burger King Dining
16,499 visits/mo 0.4 miles
Tractor Supply Co. Home Improvements & Furnishings
14,216 visits/mo 0.4 miles
Dollar Tree Shops & Services
10,745 visits/mo 0.4 miles
Arby's Dining
7,343 visits/mo 0.5 miles

Demographics for 12043, NY

7,883
Population
3,292
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
63.6 sq mi
ZIP Area
124
Density / Sq Mi
$73,006
Median Household Income
$33,227
Median Earnings
$853
Median Rent
$171,900
Median Home Value

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?
Turn key restaurant - Renovated restaurant with catering, bar, and apartment rental income.
Where is this turn key restaurant located?
The property is located at 2930 Main St Cobleskill, NY.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Turnkey restaurant with recent renovation.; Separate 4‑unit apartment house generating $3400 monthly income.; Large seating capacity: 175 in the restaurant and 300 in the catering hall.**
More about this property
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