Property profile

100 Congress St Troy, NY 12180

OFF-MARKET
Retail properties & Spaces
Property ID
US63-3941318
96,552 SF Built 2019
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Property summary

AI-generated overview

This exceptional 2,609 square foot restaurant space presents a unique opportunity for a discerning operator. Located at 100 Congress Street in Troy, NY, this single-tenant property boasts a prime location within a vibrant dining scene. Built in 2019, this fully equipped, turnkey establishment is ready for immediate occupancy. The space includes a stylish bar area, ample storage, and a desirable outdoor patio, perfect for expanding your business's reach. The property is part of a larger five-story building totaling 96,552 square feet, situated on a 0.67-acre lot. A significant advantage is the inclusion of a fully operational hood system and walk-in cooler, minimizing initial setup costs. All existing furniture, fixtures, and equipment (FF&E) are available for purchase, streamlining the transition process. The property is zoned B4 and has the APN 101.61-7-2 in Rensselaer County. While the building offers no on-site parking, its strategic location provides easy access to public transportation and ample street parking. This is an unparalleled chance to establish or expand your restaurant business in a thriving community. Seize this opportunity to own a fully operational restaurant with minimal upfront investment.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2019
Total area 96,552 SF
UPID US63-3941318

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

100 Congress St Troy, NY 12180
Troy metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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