Search
Turnkey Restaurant Opportunity For Sale
For Sale
$895,000

420 Altamont Avenue, Schenectady, NY 12303

Established restaurant with real estate, equipment, and solar panels.

Property SizeContact for details
Days on Market328

Property Features for 420 Altamont Avenue

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Schermerhorn Realty Group LLC
Listed By: Lisa Brault · License #10401307840
Source: Signatureonerealtygroup
Added: Nov 28, 2025 Changed: Oct 21 Last Checked: Oct 20 at 11:14PM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This is a turnkey restaurant opportunity that includes real estate and equipment. The business, operating for over 70 years with the current owner since 1995, has an established brand and history. The facility is well-maintained with multiple updates. It features radiant heat in the floors and owns its solar panels. The property offers over 20 parking spaces. Located in a desirable area, the restaurant is known for its seafood, backed by over 700 reviews on Google. This is a ready-to-operate venture for a new owner.

Key Highlights

  • Turnkey restaurant opportunity including real estate and equipment.
  • Established business with over 70 years of operation and a strong reputation.
  • Well‑maintained facility with multiple updates.

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Anker's Fish House Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Bakery HVAC Service

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Established restaurant with real estate, equipment, and solar panels.
Where is this conventional restaurant located?
The property is located at 420 Altamont Avenue 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: Turnkey restaurant opportunity including real estate and equipment.; Established business with over 70 years of operation and a strong reputation.; Well‑maintained facility with multiple updates.
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
Why this one?
Saved