Property profile

1978 Us-20 Waterloo, NY 13165

OFF-MARKET
Retail properties & Spaces
9,890 SF 0.9 ac lot
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Property summary

AI-generated overview

This exceptional 9,890 square foot standalone restaurant is situated on a heavily trafficked Route 5 & 20 in the Waterloo submarket. Boasting excellent visibility and easy access, the property includes a large pylon sign for maximum brand exposure. The single-tenant building sits on a 0.9-acre lot and offers ample parking with 100+ spaces. The interior features a beautiful bar, multiple dining areas, and a fully equipped kitchen, ready for immediate occupancy. This Class B property presents a unique opportunity for restaurateurs seeking a turnkey operation in a vibrant location. Its strategic position provides convenient access to the canal, placing it within the heart of the Finger Lakes region, a popular tourist destination. The single-story building offers significant potential for a thriving culinary business, benefiting from high daily traffic counts and strong brand visibility. The property's size and amenities make it ideal for a variety of restaurant concepts. The existing infrastructure minimizes upfront investment, allowing for a rapid launch and immediate revenue generation. This is a rare opportunity to acquire a well-positioned, fully equipped restaurant space in a desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,890 SF
Lot 0.9 ac (39,204 SF)

Cap rate & NOI

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

Location

1978 Us-20 Waterloo, NY 13165
Waterloo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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