112 College StSchenectady, NY 12305

For Sale
$750,000

Prime Location, Restaurant/Bar Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial land parcel, located at 112 S College Street in Schenectady, NY 12305, presents a unique investment opportunity. The 0.1-acre lot encompasses a substantial 4,455 square feet of buildable space. The property's strategic downtown location offers high visibility and foot traffic, benefiting from proximity to residential areas, the new aquatic center and Sports Arena in Mohawk Harbor, and Rivers Casino. The existing structure, a well-established restaurant/bar operating for nearly two decades, boasts a spacious layout with both indoor and outdoor dining areas. The interior includes three bars, three liquor licenses, two bathrooms, a fully equipped commercial kitchen, and two walk-in coolers. A sizable second-floor dining area and bar, along with a basement ideal for food preparation, further enhance the property's operational capabilities. Modern safety features such as a sprinkler system and security cameras are already in place. This turnkey operation offers immediate income potential and significant upside for a savvy investor seeking a thriving business in a vibrant downtown setting. The asking price is $750,000.

Location Insight

City
Schenectady
County
36093
State
New York
Latitude
42.8129576
Longitude
-73.9447994
112 College St, Schenectady, New York

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112 College St
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