44 Champlain St Rouses Point, NY 12979
- Turn key restaurants
- 3,000 SF
- 0.92 lot acres
Current Use by Public Records
- Angelo's Pizza & Grill / Italian Restaurant / Pizza Restaurant
Property Details for 44 Champlain St
- Year built
- 1988
- Lot size
- 0.92 lot acres
- Property size
- 3,000 SF
- Property type
- Turn key restaurants
- APN
- 092803 20.18-2-2
- APU
- 92803201822
Description
This exceptional business opportunity presents a fully operational restaurant and gas station located at 44 Champlain Street in Rouses Point, New York. The property boasts a substantial 3,693 square feet of space situated on a 0.86-acre lot, providing ample room for operations and customer parking. The restaurant itself features 130 indoor seats and additional outdoor seating, catering to a large volume of customers. A significant advantage is the inclusion of 90 parking spaces, ensuring convenient access for patrons. The property's kitchen is fully equipped and comes complete with all existing inventory, allowing for immediate commencement of operations. Adding to its appeal is a newly constructed smoker, installed in September 2024, enhancing culinary capabilities. This turnkey operation benefits from a long and established history, providing a solid foundation for continued success. The property's location in Rouses Point, NY, within Clinton County, zip code 12979, offers excellent visibility and accessibility. The asking price for this combined restaurant and gas station is $1,300,000. This represents a unique chance to acquire a well-established business with significant potential for growth and profitability. The property is zoned for commercial use and includes all necessary permits and licenses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $260,000
- 6.5%
- $280,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $240,000
- Mixed-Use
- $285,000
- Hospitality
- $295,000
- Educational
- $305,000
- Residential Income
- $300,000
- Energy
- $235,000
- Income-Based Land
- $230,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Rouses Point
- County
- Clinton
- State
- New York
- Longitude
- -73.3684
- Latitude
- 44.9832
- CBSA code
- 38460
- CBSA name
- PLATTSBURGH, NY MICROPOLITAN STATISTICAL AREA