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    OFF-MARKET
    Retail properties & Spaces

    12050 New York 12E, Chaumont, NY 13622

    4,421 SF 0.65 ac lot Built 1872
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully renovated, historic restaurant in the heart of Chaumont, NY. The property, built in 1872 and extensively renovated in 2019 (over $50,000 invested), boasts 4,421 square feet on a 0.65-acre lot. The main building offers 3,517 square feet of prime retail/restaurant space, currently operating as the established Blue Heron Restaurant, featuring handmade booths, an updated bar, and outdoor seating. The property also includes a turnkey laundromat, adding to its income potential. The building's distinctive charm and character are complemented by its excellent visibility and accessibility, ensuring a steady stream of customers. Ample parking is available on-site. Located at 12050 New York 12E, Chaumont, NY 13622, this property offers a unique blend of history, charm, and modern amenities, making it an ideal investment for a discerning buyer. The central location in Chaumont provides easy access to local amenities and attractions, including Chaumont Bay and the Chaumont Barrens Nature Preserve. This turnkey operation presents a rare opportunity to acquire a well-established business in a picturesque setting. The spacious interior allows for versatile business layouts, catering to various operational needs.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1872
    Total area 4,421 SF
    Lot 0.65 ac (28,314 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
    Value estimations
    Realmo proprietary · 4 methods
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