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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 Market298

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: Oct 31, 2025 Changed: Aug 23 Last Checked: Aug 24 at 6:20AM

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.

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

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.

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 - 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
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