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    OFF-MARKET
    Retail properties & Spaces

    1275 Saw Mill River Rd, Yonkers, NY 10710

    16,553 SF 0.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional property at 1275 Saw Mill River Rd, Yonkers, NY 10710, presents a unique investment opportunity. The 1,840 square foot, single-story building currently operates as a long-established bar and restaurant with a loyal customer base and significant growth potential. Situated on a 0.38-acre lot (68' x 230'), the total building size is 16,553 square feet. The property benefits from its prime location on the border of Yonkers and Hastings-on-Hudson, ensuring access to a diverse market. Currently zoned as T-District (permitting two-family dwellings on 50-foot lots), the property enjoys grandfathered commercial status. This versatile property offers possibilities for continued operation as a thriving bar and restaurant, or redevelopment to capitalize on the current zoning. The property's established presence and strategic location, combined with favorable economic conditions and demographic trends, represent a rare opportunity for investors seeking to acquire a prime piece of real estate with exceptional potential for development and value creation. Whether the goal is to capitalize on commercial opportunities, satisfy housing demand, or diversify investment portfolios, this property offers a compelling proposition for strategic investors. The property can be delivered vacant.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 16,553 SF
    Lot 0.38 ac (16,553 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Clarke's Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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