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    OFF-MARKET
    Retail properties & Spaces

    250 Front St, Hancock, NY 13783

    3,960 SF 0.13 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,960 square foot retail property, situated on a 0.13-acre lot at a high-traffic intersection in Hancock, NY, presents a unique investment opportunity. Previously a car dealership, this building has been successfully repurposed as a restaurant and art gallery, operating as "Uncle Brother" for the past decade. The established business boasts high visibility and a loyal clientele. The main level features a fully equipped restaurant and bar, ready for immediate operation, opening onto a spacious courtyard ideal for outdoor seating and events. The rear of the building offers a large, open area currently used as a gallery, featuring three garage doors and ample windows, creating a bright and inviting space suitable for various uses, including a marketplace, studio, or brewery. A substantial walk-out basement, currently utilized as a ceramics studio, provides extensive storage and additional space for creative endeavors or restaurant support. The property includes attached parking for four or more vehicles. This versatile space is primed for a new owner to capitalize on its established presence and significant potential. The sale includes all existing restaurant and bar equipment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,960 SF
    Lot 0.13 ac (5,663 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
    • Unclebrother 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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