2260 Ny-29A Gloversville, NY 12078
- Retail properties
- 6.00 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 2260 Ny-29A
- Lot size
- 6.00 lot acres
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use property in Gloversville, NY, presents a unique investment opportunity. The offering includes a well-established, profitable restaurant and bar, operating successfully for 35 years and boasting a loyal customer base. The restaurant is housed in a Class A building, renovated in 2018, and situated on a six-acre lot featuring rolling grounds. Adjacent to the commercial building is a charming four-bedroom home, complete with a private pond and outdoor swimming pool. The property's prime location on NY-29A in Fulton County (zip code 12078) offers significant commercial potential, allowing for continued operation as a restaurant or conversion to another retail or commercial venture. The two buildings, each two stories, provide ample space for various uses. The current owners are retiring and are willing to assist with a smooth business transition. Strong financials and a proven track record ensure a secure investment with significant upside potential. This is a rare chance to acquire a turnkey operation with both residential and commercial components in a desirable location. The asking price is $869,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gloversville
- County
- Fulton
- State
- New York
- Longitude
- -74.4191
- Latitude
- 43.0857
