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Property profile

94 Co Rd Hankins, NY 12741

OFF-MARKET
Retail properties & Spaces
4,440 SF 0.27 ac lot Built 1908
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Property summary

AI-generated overview

This exceptional turnkey restaurant and tavern, located at 553 County Road 94 in Hankins, NY, presents a unique investment opportunity. The 4,440 square foot building, constructed in 1908 and renovated in 2003, boasts a desirable corner lot location just off State Route 97, providing easy access to major roadways. The property includes a spacious, updated bar and restaurant area with a modern kitchen and appliances, two restrooms, and an enclosed porch. The layout is open and inviting, perfect for creating a lively atmosphere. A large backyard offers potential for outdoor dining and entertainment, while a separate barn provides ample storage space. Above the commercial space is a substantial three-bedroom, one-and-a-half-bathroom apartment complete with a kitchen and formal dining area. A large, unfinished attic offers expansion possibilities. The property sits on a 0.273-acre lot and includes 15 parking spaces. The building is zoned RR and has a Class B designation. This established business benefits from high foot traffic and a strong local following, making it an ideal investment for an experienced restaurateur or a savvy investor seeking a profitable venture in a thriving community. The asking price is $599,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1908
Total area 4,440 SF
Lot 0.27 ac (11,892 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

94 Co Rd Hankins, NY 12741
Hankins metro
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Value estimations

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Owner & transaction history

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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