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Property profile

130 Front St Deposit, NY 13754

OFF-MARKET
Retail properties & Spaces
3,021 SF 0.09 ac lot Built 1965
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Property summary

AI-generated overview

The Pheasant Tail Tavern, located at 130 Front St in Deposit, NY, presents a unique investment opportunity. This exquisitely renovated, turnkey restaurant boasts 3,021 square feet of space on a 0.09-acre lot, offering a fully equipped bar and restaurant area ready for immediate operation. The establishment is ideally situated to serve both the local community and tourists, benefiting from its convenient location just 2.5 hours from New York City. The property includes a well-designed prep room, enhancing kitchen functionality and providing ample space for culinary creativity and efficient catering. All existing inventory is included in the sale, minimizing startup costs and allowing for a seamless transition for the new owner. Recent significant upgrades to the facility ensure a high-quality experience for patrons and demonstrate a commitment to operational excellence. The restaurant's sophisticated ambiance and established clientele base contribute to its strong investment potential. Priced at $450,000, this property offers a compelling return on investment for experienced restaurateurs or entrepreneurs seeking a thriving business in a desirable location. The turnkey nature of the operation minimizes the typical challenges associated with new restaurant openings, allowing for immediate revenue generation.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1965
Total area 3,021 SF
Lot 0.09 ac (3,920 SF)

Cap rate & NOI

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

Location

130 Front St Deposit, NY 13754
Deposit 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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