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    126 Mariaville Rd Rotterdam, NY 12306

    Sponsored
    For Sale
    $2,250,000

    Thriving Restaurant, Banquet Hall, Catering Business

    Property size:
    4,610 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,610 square foot restaurant located at 126 Mariaville Road, Rotterdam, NY 12306, presents a lucrative investment opportunity. Built in 1960, this single-story building sits on a 0.34-acre lot (APN 48.18-1-27) and is zoned B-1. The property boasts two fully equipped kitchens, perfect for catering and large-scale events. A spacious dining area and a dedicated banquet room cater to diverse clientele needs. The established business enjoys a strong customer base, providing immediate revenue potential. Ample parking is available on-site, adding to the property's convenience. The asking price is $2,250,000, translating to $488.07 per square foot. This turnkey operation offers significant upside potential for expansion and growth within a desirable location. A non-disclosure agreement and proof of funds are required. This is a rare chance to acquire a well-established and profitable restaurant business in Schenectady County, New York.

    Property Features for 126 Mariaville Rd

    General Information

    Property type
    Wedding venues
    Square Feet
    4,610 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1

    HighLights

    • 4,610 SF restaurant on 0.34‑acre lot in Rotterdam, NY.
    • Single‑story building, built in 1960, zoned B‑1 (APN 48.18‑1‑27).
    • Features two fully equipped kitchens and ample on‑site parking.
    • Established business with strong customer base, offering immediate revenue.
    • Asking price: $2,250,000 ($488.07/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Canali's Italian & American ... Italian Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rotterdam
    County
    Schenectady
    State
    New York
    Longitude
    -73.9919355
    Latitude
    42.7929966

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    FAQs

    What type of property is this?
    Wedding venue - Thriving Restaurant, Banquet Hall, Catering Business
    Where is this wedding venue located?
    The property is located at 126 Mariaville Rd Rotterdam, NY.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 4,610 SF restaurant on 0.34-acre lot in Rotterdam, NY.; Single-story building, built in 1960, zoned B-1 (APN 48.18-1-27).; Features two fully equipped kitchens and ample on-site parking.
    Request Owner's contact information
    126 Mariaville Rd Rotterdam, NY 12306
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    Rotterdam, NY 12306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Mariaville Rd Rotterdam, NY 12306
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