Property profile

9311 State Highway 206 Sidney Center, NY 13839

OFF-MARKET
Retail properties & Spaces
3,256 SF
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Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the heart of the Catskills, New York. Located at 9311 State Highway 206 in Sidney Center (Tompkins County, Delaware County), this property encompasses a thriving, fully operational restaurant with a charming rustic ambiance and a loyal customer base. The 3,256 square foot building is situated on a substantial 67,082 square foot lot, offering significant potential for expansion or additional development. All restaurant equipment, furnishings, and fixtures are included in the sale, ensuring a seamless transition for the new owner. This turnkey operation is priced at $379,000 and offers the possibility of owner financing or a lease option. A significant advantage is the inclusion of a fully prepared building site on the property, complete with existing septic, well, and electric hookups. This allows for the construction of a residence, providing the opportunity to live adjacent to the business or create an additional rental income stream. The property's prime location in the picturesque Catskills region, combined with its established restaurant and buildable lot, makes this a truly remarkable investment opportunity. The property is zoned for commercial use and is located in zip code 13839.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,256 SF

Cap rate & NOI

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

Location

9311 State Highway 206 Sidney Center, NY 13839
Sidney Center metro
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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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