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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
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613 Union St, Schenectady, New York, 12305
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.