Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    300 Ontario Street Cohoes, NY 12047

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $199,900

    Restaurant opportunity near Remsen St, fully equipped and ready.

    Property size:
    440 SF
    Added:
    Jun 12, 2025
    Days on Market:
    299
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 300 Ontario Street

    General Information

    Standard status
    Active
    Size
    440 SF

    Building Details

    Year Built
    1963

    We can help!

    Listing Contact
    PATRICK M DEVANEY
    PATRICK M DEVANEY

    Listing agent PATRICK M DEVANEY

    Listing office MCCURDY REAL ESTATE GROUP, INC

    Listing date Jun 12, 2025

    Source Corcoran

    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 MCCURDY REAL ESTATE GROUP, INC

    Overview

    Turn-Key Restaurant Opportunity in Cohoes

    This is a turn-key restaurant opportunity located in Cohoes, one block from Remsen Street. The property is a long-standing business, fully equipped with appliances, furnishings, and a full commercial kitchen. The property size is 440 square feet. This property is suitable for restaurants, retail properties, and turn-key restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chee-bog Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Signal 30 — 201 Columbia St, Cohoes, NY 12047

    Location Insight

    • Map
    • Local Demand
    City
    Cohoes
    County
    Albany
    State
    New York
    Longitude
    -73.7016
    Latitude
    42.7742

    Nearby Similar for Sale

    • $399,900

      Cohoes Commercial Property For Sale

      High-visibility location suitable for retail, office, or service-oriented businesses.
      1208 Loudon Road, Cohoes, NY 12047
      View Details
    • $890,000
      7,500 SF

      Cohoes Office and Warehouse Building

      Office and warehouse building on 3 acres with abundant parking.
      601 Columbia St Extension, Cohoes, NY 12047
      View Details
    • $409,000
      3,840 SF

      Cohoes Four-Unit Income Property

      Fully occupied four-unit property in Cohoes, NY.
      94 Howard Street, Cohoes, NY 12047
      View Details
    • $349,999
      2,116 SF

      Cohoes Two-Family Investment Opportunity

      Well-maintained two-family property in Cohoes, New York.
      5 Short Street, Cohoes, NY 12047
      View Details
    • $399,000
      6,632 SF

      Cohoes Commercial Building For Sale

      Well-maintained commercial building with warehouse, garage, and office space.
      75 Jackson Avenue, Cohoes, NY 12047
      View Details
    • $365,000
      3,032 SF

      Charming Two-Family Home, Cohoes

      Well-maintained two-family home with spacious lot and unique architectural details.
      42 McElwain Avenue, Cohoes, NY 12047
      View Details
    • $319,900
      2,826 SF

      Cohoes Two-Family Home with Extra Lot

      Well-maintained two-family home in desirable Cohoes Hill neighborhood.
      77 Younglove Avenue, Cohoes, NY 12047
      View Details
    • $370,000
      3,500 SF

      Cohoes Multifamily Property with Garage

      Multifamily property featuring two houses and a spacious garage.
      128-130 Congress Street, Cohoes, NY 12047
      View Details
    • $699,000
      5,325 SF

      Cohoes Multifamily Investment Opportunity

      Six-unit multifamily property in Cohoes, NY with strong returns.
      112 Main Street, Cohoes, NY 12047
      View Details
    • $209,900
      2,742 SF

      Four Two-Family Investment Properties

      Portfolio of four well-maintained two-family buildings in Cohoes and Troy.
      79 Central Terrace, Cohoes, NY 12047
      View Details
    • $550,000
      3,600 SF

      Mixed-Use Property with Laundromat

      Updated laundromat with apartments in Cohoes, NY.
      8 Garner Street, Cohoes, NY 12047
      View Details
    • $245,000
      2,388 SF

      Attractive Two-Family Home in Cohoes

      Two-family home near Van Schaick Country Club.
      106 Continental Avenue, Cohoes, NY 12047
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant opportunity near Remsen St, fully equipped and ready.
    Where is this restaurant located?
    The property is located at 300 Ontario Street Cohoes, NY.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Turn‑key restaurant business opportunity.; Prime location: just one block from Remsen St.; Fully equipped with top‑of‑the‑line appliances and stylish furnishings.
    (518) 376-3055
    We can help!
    Listing Contact
    PATRICK M DEVANEY
    PATRICK M DEVANEY
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!