11 Main St, Hancock, NY 13783-1106
This fully equipped restaurant space, located at 11 West Main Street in Hancock, NY, presents a fantastic opportunity for a new or expanding food service business. The 2,000-square-foot space is situated in a high-traffic area, directly across from Tops supermarket, ensuring excellent visibility and customer access. Recently renovated, the restaurant is nearly ready for immediate occupancy, with only the bar area requiring final completion by the landlord. The space comfortably seats approximately 50 patrons. The lease is $1,500 per month, plus utilities, with the landlord covering basic sewer and water charges. All existing restaurant equipment is included for tenant use, although the tenant is responsible for all maintenance and repairs. For added security, off-site fire and burglar alarm monitoring is in place. Convenient off-site parking is also available for patrons. This turnkey operation offers a significant advantage for prospective restaurant owners, minimizing upfront investment and maximizing operational efficiency. The prime location and attractive lease terms make this a truly exceptional opportunity.
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Hancock Community Education Charitable Organization Social Service Agency
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NBT Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R1 · Hancock, NYHancock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.