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    Iconic Diner and Ice Cream Shop Title is generated by Realmo AI

    8541 State Route 3, Henderson, NY 13650

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    For Sale
    $375,000

    Well-loved diner with ice cream shop addition for sale.

    Type:Commercial
    Property size:
    2,620 SF
    Lot size:
    0.27 Acres
    Price / SF:
    $143/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 8:26 pm

    Property Features for 8541 State Route 3

    General Information

    Standard status
    Active
    Size
    2,620 SF
    Lot size
    0.27 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1985

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    Noah Taylor

    Listing office Keller Williams Realty Syracuse

    Listing date Mar 11, 2026

    Source Elliman

    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 Keller Williams Realty Syracuse

    HighLights

    • Established, well‑loved diner with a strong reputation and loyal customer base.
    • Fully equipped, high‑volume industrial kitchen with well‑maintained appliances.
    • Newly built (2019) ice cream shop addition with modern equipment including Taylor soft‑serve machines and a Flavor Burst system.
    • Modern comfort and convenience with mini‑split heating and air conditioning installed in 2019.
    • Spacious main restaurant with durable luxury vinyl plank flooring (redone in 2019).
    • Expansive parking areas and an all‑stone driveway.

    Overview

    Colleen's Cherry Tree Inn, a diner and ice cream shop, is available for sale. The main restaurant features an authentic diner layout with ample seating and luxury vinyl plank flooring redone in 2019. The fully equipped industrial kitchen is designed for high-volume service and includes multiple refrigerators and freezers, deep fryers, large cooktops, a walk-in freezer, ice machine, pizza oven, milkshake machines, flurry machines, and extensive prep space. Most restaurant equipment and supplies are negotiable with the sale. An ice cream shop addition, fully built from the ground up in 2019, brings the total square footage to approximately 2,620 sq. ft. This space includes two large Taylor soft-serve machines, hard-serve dipping cabinets, a Flavor Burst Astro blender system with up to 64 flavor options, milkshake and flurry machines. Mini splits heating and air conditioning were added to both spaces in 2019. The exterior features an all-stone driveway, expansive parking areas with easy turnaround, and an additional storage shed. The main restaurant will be open and operating starting mid March 2026 from Wednesday through Sunday from 6:00 AM to 1:30 PM.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $37.4k $14.28
    − Vacancy −$1.6k −$0.60
    EGI $35.8k $13.68
    − OpEx −$9.0k −$3.42
    NOI $26.9k $10.26
    2,620 SF · lease $14.28/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $384.0K
    $336.0K – $448.0K (±1% cap)
    NOI $26,882 @ 7.0% cap · market cap 7.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $722.2K
    $632.0K – $842.6K (±1% cap)
    NOI $50,556 @ 7.0% cap · market cap 13.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Cherry Tree Inn Restaurant Scoops Ice Cream Grocery & Convenience Store

    Suggested Use

    Storage Facility Restaurant Food Market Hair Salon Nail Salon Auto Repair Shop Restaurant Spa & Massage Center Real Estate Agency Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Henderson Harbor Lodge Bed & Breakfast — 12730 Harbor Rd, Henderson, NY 13650

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Jefferson
    State
    New York
    Longitude
    -76.1975
    Latitude
    43.845

    FAQs

    What type of property is this?
    Breakfast & diner - Well-loved diner with ice cream shop addition for sale.
    Where is this breakfast & diner located?
    The property is located at 8541 State Route 3 Henderson, NY.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Established, well‑loved diner with a strong reputation and loyal customer base.; Fully equipped, high‑volume industrial kitchen with well‑maintained appliances.; Newly built (2019) ice cream shop addition with modern equipment including Taylor soft‑serve machines and a Flavor Burst system.
    More about this property
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