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    OFF-MARKET
    Retail properties & Spaces

    22 Hepper St, Walden, NY 12586

    Built 1890
    Property ID
    Property summary
    AI-generated overview

    This unique investment opportunity in Walden, NY, presents a thriving bar and restaurant with significant additional income streams. Located on a corner lot at the intersection of Hepper Street and John Street, this property enjoys high visibility just off major routes 52 and 208, surrounded by established businesses and shopping centers. The main building boasts over 6,000 square feet, housing a well-known local bar and restaurant complete with a commercial kitchen equipped for immediate operation, ample food and supply storage, a business office, and two half-bathrooms on the first floor. Upstairs, ten single hotel-style rooms share a full bathroom with a shower stall and an additional half-bath, providing a substantial secondary revenue source. A rear addition includes a one-bedroom apartment, offering further rental income potential, along with an unfinished attic and basement providing ample storage or expansion opportunities. A separate parcel provides off-street parking for ten or more vehicles, ensuring ample space for patrons and staff. This turnkey operation presents a rare chance to acquire an established business with diverse income streams in a desirable location. The property's size, location, and existing business operations make it an exceptional investment opportunity for both seasoned entrepreneurs and those seeking a high-return venture. Don't miss this chance to own a piece of Walden's vibrant business community.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1890
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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