2260 Ny-29A Gloversville, NY 12078
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.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.