1656 County Route 45Fulton, NY 13069

Property Details for 1656 County Route 45

Year built

1975

Lot size

0.36 AC

Property size (Sq ft)

1,352 SF

Zone code

01 - NOT ZONED

Property type

Retail properties

Property subtype

Turn key restaurants

APN

354400 205.00-03-13.1

APU

3544002050003131

Description

This thriving Fulton, NY diner presents a unique opportunity for an entrepreneur. Established for over 38 years, this turnkey operation boasts a loyal customer base and a strong reputation within the community. The 1,352 square foot building sits on a 0.36-acre lot and offers ample seating for 50 patrons with tables and chairs. Fifteen off-street parking spaces ensure convenient access for customers. The kitchen is fully equipped with stainless steel appliances, reflecting a commitment to quality and efficiency. Recent upgrades include a new furnace and two modern sandwich stations, enhancing both functionality and appeal. The diner's inviting atmosphere and delicious food have made it a local favorite for nearly four decades. This is a rare chance to acquire a well-established, profitable business with significant growth potential. The asking price is $149,900. All necessary equipment and fixtures are included, making this a truly turnkey operation ready for immediate success. Don't miss this exceptional opportunity to own your own thriving diner in a vibrant community.

• CAP approach

  CAP return

  Valuation

  6%

  $320,938

  6.5%

  $296,251

  7%

  $275,090

• Comparable approach

  Method

  Valuation

  Relative Method

  $311,261

  Geo Method

  $445,164

• Alternative Use

  Use

  Valuation

  Residential

  $249,899

  Hospitality

  $228,906

  Educational

  $190,447

  Medical

  $196,997

  Retail

  $296,251

Location Insight

City

Fulton

County

Oswego

State

New York

Latitude

43.365

Longitude

-76.2818

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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