15903 State Hwy 23, Davenport, NY 13750-7406
This exceptional turnkey restaurant located at 15903 State Highway 23, Davenport, NY, presents a unique investment opportunity. Boasting 3,075 square feet on a 0.64-acre lot, this property is fully equipped and ready for immediate operation. Its history as a popular local establishment, complete with a large stage area perfect for live entertainment, guarantees a built-in customer base and high visibility. Previously hosting successful pool and dart leagues, the property has a proven track record of attracting regular patrons. The versatile layout extends beyond its current use as a restaurant, offering endless possibilities for a variety of commercial ventures. Imagine transforming this space into a retail store, café, bakery, or office space – the options are truly limitless. The spacious interior, combined with the existing stage and recreational areas, provides unique opportunities for hosting events or creating a vibrant community hub. Ample parking is available, ensuring convenient access for customers and employees. Priced at $249,900, this well-maintained property represents a prime choice for your next business venture. Don't miss this chance to acquire a thriving commercial space in a desirable location. The property's established reputation and versatile design make it an ideal investment for entrepreneurs seeking a ready-to-go business or a blank canvas for their next big idea.
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
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.