Property profile

5527-5531 Ny-7 Hoosick Falls, NY 12090

OFF-MARKET
Retail properties & Spaces
3,035 SF Built 1949
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Property summary

AI-generated overview

This exceptional 3,035 square foot commercial property, located at 5527-5531 NY-7 in Hoosick Falls, NY (zip code 12090), presents a rare investment opportunity. Built in 1949, this single-story building sits on a commercially zoned lot (APN: 39.-1-7.1) and is currently configured as a restaurant and ice cream parlor, including an owner's unit or rental apartment. The property boasts ample parking for over 30 vehicles, providing convenient access for patrons. Its strategic location on State Route 7, the gateway to Vermont, ensures high visibility and accessibility for both local residents and tourists traveling between New York and Vermont. Less than 20 minutes from Williamstown, MA, this location offers significant exposure to a wider market. The versatile nature of this property makes it ideal for a variety of uses, from a continued operation as a restaurant/bar to other commercial ventures. The inclusion of a residential component adds to its appeal, offering potential rental income or the option for owner occupancy. This turnkey operation presents a unique opportunity for both investors seeking rental income and entrepreneurs looking for an established business with residential convenience.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1949
Total area 3,035 SF

Cap rate & NOI

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

Location

5527-5531 Ny-7 Hoosick Falls, NY 12090
Hoosick Falls metro
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Value estimations

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Owner & transaction history

Comparables

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