Listing Agency: Century 21 - Rural Estates | Duanesburg Show Phone

Listed By: Dean Nunamann · License #30NU0705806 Show Phone

Source: Moodyscre

Added: Jul 24 Changed: Aug 15 Last Checked: Sep 14 at 11:37AM

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Investment Insights

Based on property information with market context.

Turn-key restaurant totally renovated within the last 10 years, built to accommodate both dining and large events. The restaurant seats 175 people and features a huge bar area and a catering hall that seats 300. Interior improvements include a state-of-the-art kitchen, office space, and basement.

The property also includes a separate four-unit apartment house that generates $3,400 per month. It is close to Howe Caves, interstate I-88, and Albany.

Overall, this offering combines a fully renovated restaurant operation with an additional residential component under one ownership.

Key Highlights

• Restaurant seats 175 and includes a catering hall that seats 300
• Totally renovated within the last 10 years
• Huge bar area, state‑of‑the‑art kitchen, office, and basement

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Building Supply Accounting Firm

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

4

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

35

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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 Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Renovated restaurant seats 175 with a catering hall for 300, plus a separate four-unit apartment house.

Where is this conventional restaurant located?

The property is located at 2930 State Route 7 Howes Cave, 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: Restaurant seats 175 and includes a catering hall that seats 300; Totally renovated within the last 10 years; Huge bar area, state‑of‑the‑art kitchen, office, and basement