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    12 County Rd Lindley, NY 14858

    For Sale
    $474,900

    Restaurant, bar, apartments, storage. High potential.

    Property size:
    12,022 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property in Lindley, NY, presents a rare investment opportunity. Situated on 1.8 acres at 12 County Rd 115, this 12,022 square foot property includes a former restaurant and bar (The Lindley Roadhouse), four renovated apartments generating an anticipated $53,400 annual rental income, and 43 storage units in two steel buildings and a barn. The main building, constructed in 1980, features a spacious restaurant area with a bar, kitchen (equipment included), a private office, and restrooms. The four apartments comprise one efficiency, one one-bedroom, and two two-bedroom units. The storage units, ranging in size from 5x10 to 10x30, have the potential to generate approximately $35,000 annually if fully occupied. The property boasts a newer metal roof and a recently installed, state-approved septic system. The location is ideal, on a busy county road near the Pennsylvania border, and only 15 miles south of Corning. This multi-income stream property offers significant upside potential for a savvy investor. The asking price is $474,900. The property consists of four buildings, spanning two stories.

    Property Features for 12 County Rd

    General Information

    Property type
    Restaurants
    Square Feet
    12,022 SF
    Lot Size
    78,408 SF

    Building Details

    Year Built
    1980
    Buildings
    4
    Stories
    2
    Units
    4

    HighLights

    • Rare investment opportunity: 12,022 sq ft commercial property on 1.8 acres in Lindley, NY.
    • Includes former restaurant/bar (equipment included), four renovated apartments, and 43 storage units.
    • Apartments generate anticipated $53,400 annual rental income; storage units have $35,000 annual potential.
    • Main building (1980 construction) features restaurant, bar, kitchen, office, restrooms; newer metal roof and state‑approved septic system.
    • Located on busy County Rd 115, near PA border, 15 miles south of Corning; asking price $474,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Lindley
    County
    Steuben
    State
    New York
    Longitude
    -77.127183584669
    Latitude
    42.000753599796

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - Restaurant, bar, apartments, storage. High potential.
    Where is this restaurant located?
    The property is located at 12 County Rd Lindley, NY.
    What is the asking price?
    The asking price for this property is $474,900.
    What are key features of this property?
    This property features: Rare investment opportunity: 12,022 sq ft commercial property on 1.8 acres in Lindley, NY.; Includes former restaurant/bar (equipment included), four renovated apartments, and 43 storage units.; Apartments generate anticipated $53,400 annual rental income; storage units have $35,000 annual potential.
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    Lindley, NY 14858
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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
    12 County Rd Lindley, NY 14858
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