151 Rte 28 Inlet, NY 13360
This unique mixed-use property in Inlet, NY, presents a fantastic investment opportunity. The main attraction is "The Caboose," a charming and profitable panini shop housed in a repurposed railroad caboose. The fully equipped kitchen is ready for immediate operation, boasting a successful track record. Outdoor seating options include covered and uncovered patios, plus a shared dining tent with a neighboring establishment. The business operates daily during peak summer months and four days a week during the shoulder seasons (spring and fall). Included in the sale is a spacious 1,561 square foot, three-bedroom, one-and-a-half-bathroom home situated on a 0.44-acre lot. This residence, currently utilized as a short-term rental, offers versatile potential as owner/manager housing or employee accommodation. The home features a bonus room and a screened-in porch, adding to its appeal and functionality. The property's prime location in Inlet, NY, ensures high visibility and consistent customer traffic, making this a truly exceptional turnkey business and residential package. The asking price is $584,500. This is a rare opportunity to acquire a thriving business and comfortable living space in a desirable Adirondack setting.
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
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Inlet, NYCosts & 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.