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Fully Equipped Restaurant

5055 Western Turnpike, Altamont, NY 12009

For Lease
Contact for pricing

Multiple dining areas, a private party room and a full bar are part of the existing layout.

Space Size4,300 SF
Days on Market9

Property Features for 5055 Western Turnpike

General Information

Standard status Active
Size 4,300 SF
Net Rentable 4,300 SF
Property subtype Retail, Restaurant
Lease Type Modified Gross

Space & Availability

Available Space 4,300 SF
Contiguous Space 4,300 SF
Space Use Restaurant
Available From 2027-02-01

Lease Terms

Lease Rate $5,000 /MO
Monthly Rent $5,000
Rent per SF/Year $13.95

Restaurant

Commercial Hood Yes
Equipment Included Yes
Second-Generation Restaurant Yes

Additional Details

Road Access Yes

Spaces For Lease

at 5055 Western Turnpike
Space 1 Active
Size 4,300 SF
Contact us
Listing Agency: Empire Real Estate Firm
Listed By: Sage Baltrusaitis · License NY #10401340935
Source: Crexi
Added: Nov 6 Changed: Nov 10 Last Checked: Nov 12 at 8:33AM

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 Empire Real Estate Firm

Rey
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Investment Insights

Based on property information with market context.

Approximately 4,300± SF of restaurant space is configured with several dining rooms, including a window-lined room, plus a private party room and a full bar with draft system and pool table area. The kitchen is outfitted with a hood and fire suppression, double-deck pizza ovens, a commercial mixer, refrigerated prep tables, reach-in coolers and freezers, and a dish station. A beverage and coffee station and restrooms are also in place.

The property fronts US Route 20 and has on-site parking. The modified gross lease is available February 1, 2027. Showings are by appointment on Sundays and Mondays.

Key Highlights

  • Approximately 4,300± SF of restaurant space
  • Commercial kitchen includes hood and fire suppression, double‑deck pizza ovens, mixer, prep tables, coolers, freezers and dish station
  • Several dining rooms, a private party room, full bar with draft system and pool table area

Property Analytics

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

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center HVAC Service Gym & Fitness Center

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

Yes
Paved road access
Yes
Commercial hood
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 100%
Hannaford Groceries
31,683 visits/mo 0.4 miles

Demographics for 12009, NY

7,874
Population
3,238
Households
2.4
Avg Household Size
45
Median Age
53%
College-Educated
96%
High-School Grad
52.6 sq mi
ZIP Area
150
Density / Sq Mi
$114,352
Median Household Income
$54,128
Median Earnings
$1,282
Median Rent
$321,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Conventional 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?
Conventional restaurant - Multiple dining areas, a private party room and a full bar are part of the existing layout.
Where is this conventional restaurant located?
The property is located at 5055 Western Turnpike Altamont, NY.
What are key features of this property?
This property features: Approximately 4,300± SF of restaurant space; Commercial kitchen includes hood and fire suppression, double‑deck pizza ovens, mixer, prep tables, coolers, freezers and dish station; Several dining rooms, a private party room, full bar with draft system and pool table area
(248) 506-0477 Call to check price and availability
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