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Italian Restaurant with Full Kitchen

5 New Karner Road, Guilderland, NY 12084

For Sale
New
$349,000

Commercial Sale, Guilderland, NY

Property Size12,206 SF
Lot Size2.00 Acres
Price / SF$28.59
Days on Market4

Property Features for 5 New Karner Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Commercial
Parking 67
Directions Northway south to Exit 2W (Western Avenue/Route 20), head west on Western about four miles, and the center is at the New Karner Road intersection on the right.
Standard status Active
APN 013089 51.07-1-2.1
Size 12,206 SF
Lot size 2.00 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Annual Amount 8000

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2008
Floors in Building 1
Building materials Block
Listing Agency: Hanna Commercial
Listed By: Philip Sabatino · License #10401299525
Added: Nov 6 Last Checked: Nov 9 at 3:06AM
MLS# 202629722

Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Italian restaurant occupies a 12,206-square-foot property on a 2-acre site. The 2,326-square-foot restaurant includes a dining room, bar and separate takeout counter. Its kitchen has four deck ovens, three hood systems, a walk-in cooler and full refrigeration. A six-tap draft system and beer and wine license are also in place. The 2017 buildout was fully permitted, and the building dates to 2008.

The property is at the signalized intersection of Route 20 and Route 155 in Guilderland, serving the surrounding neighborhood since 2008. The restaurant operates four days per week, with Sunday, Monday and Tuesday dark. Lease optionality extends through 2037.

Key Highlights

  • 2,326‑square‑foot restaurant within a 12,206‑square‑foot property
  • 2‑acre site at Route 20 and Route 155
  • Four deck ovens and three hood systems

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Marisa's Place Restaurant Albany Med EmUrgentCare Medical Clinic NBT Bank Bank Steven N Barr Alternative Medicine Practice

Suggested Use

Top Pick Hair Salon HVAC Service Parking Lot & Garage Auto Repair Shop Kitchen & Bath Showroom Grocery & Convenience 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
Yes
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

593
Businesses Nearby
120k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 40% Apparel 9% Electronics 2%
Starbucks Dining
16,444 visits/mo 0.3 miles
Burger King Dining
14,992 visits/mo 0.2 miles
Dunkin' Donuts Dining
14,623 visits/mo 0.2 miles
Splash Car Wash Express Shops & Services
13,604 visits/mo 0.5 miles
Dollar Tree Shops & Services
13,052 visits/mo 0.4 miles

Demographics for 12084, NY

4,658
Population
2,332
Households
2
Avg Household Size
37
Median Age
60%
College-Educated
99%
High-School Grad
3.8 sq mi
ZIP Area
1,226
Density / Sq Mi
$86,968
Median Household Income
$56,875
Median Earnings
$1,589
Median Rent
$325,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Restaurants in Albany County, NY

$215 Jul
$215 Aug
$323 Sep
$226 Oct

Properties on Market for Restaurants in Albany County

Jul
Aug
Sep
Oct

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?
Restaurant - A separate takeout counter complements indoor dining and a bar, with commercial cooking equipment and a beer and wine license.
Where is this restaurant located?
The property is located at 5 New Karner Road Guilderland, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2,326‑square‑foot restaurant within a 12,206‑square‑foot property; 2‑acre site at Route 20 and Route 155; Four deck ovens and three hood systems
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