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Established Seafood Restaurant
For Sale
$895,000

420 ALTAMONT AVE Unit 420, Schenectady, NY 12303

Sale includes the operating facility, restaurant equipment, owned solar panels, and radiant floor heating.

Property SizeContact for details
Days on Market350

Property Features for 420 ALTAMONT AVE Unit 420

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $7,800

Amenities

solar panels
radiant heat
3
Commercial
20 Parking Spaces.
45X150
Listing Agency: Schermerhorn Realty Group LLC
Listed By: Lisa Brault · License #10401307840
Source: Xome
Added: Sep 15, 2025 Changed: Aug 29 Last Checked: Aug 29 at 8:59PM

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 Schermerhorn Realty Group LLC

Investment Insights

Based on property information with market context.

Ankers Fish House is a conventional restaurant property offered with its real estate and equipment. The facility has received multiple updates and includes radiant heating beneath the floors, along with solar panels owned by the property. Its operating history spans over 70 years, with the current owner involved since 1995.

The property is located at 420 Altamont Ave in Schenectady, New York. The business has accumulated over 700 Google reviews, providing a documented customer-review history alongside the established restaurant operation.

Key Highlights

  • Restaurant real estate and equipment included
  • Operating history of over 70 years
  • Current owner since 1995

Property Analytics

Current Use

Anker's Fish House Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12303, NY

30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Sale includes the operating facility, restaurant equipment, owned solar panels, and radiant floor heating.
Where is this conventional restaurant located?
The property is located at 420 ALTAMONT AVE Unit 420 Schenectady, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Restaurant real estate and equipment included; Operating history of over 70 years; Current owner since 1995
More about this property
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