613 Union StSchenectady, NY 12305

For Sale
$715,000

Historic Building, Turnkey Restaurant, 5 Units

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property at 613 Union Street in Schenectady, NY, presents a unique investment opportunity. The building boasts 7,003 square feet on a sizable 8,044 square foot lot, zoned C-4. It features a fully equipped, updated restaurant with new plumbing and electrical systems, ready for immediate operation. The restaurant includes an inviting patio and a private 12-car parking lot located behind the building. In addition to the restaurant, the three-story building contains five units, three of which are currently occupied at 75% occupancy. The property's historic charm is complemented by modern upgrades, offering a blend of character and convenience. This turnkey operation is ideal for both seasoned investors and restaurateurs seeking a well-established business with significant upside potential. The asking price is $715,000, translating to $102.10 per square foot. The property's prime downtown location and flexible layout provide ample opportunities for growth and expansion. Showings are by appointment only.

Highlights

  • 7,003 SF mixed-use building on an 8,044 SF lot in Schenectady, NY, zoned C-4.
  • Turnkey restaurant with new plumbing and electrical, equipment included, and a private 12-car parking lot.
  • Inviting patio and three occupied apartments (75% occupancy).
  • Asking price: $715,000 ($102.10/SF).
  • Showings by appointment only.

Property Details for 613 Union St

Property type
Multifamily properties, Other mixed-use properties
Square Feet
7,003 SF
Stories
3
Units
5

Location Insight

City
Schenectady
County
Schenectady
State
New York
Latitude
42.8162767
Longitude
-73.9364643
613 Union St, Schenectady, New York

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