Property profile

180 Sacandaga Rd Glenville, NY 12302

FOR SALE
Turn key restaurants
Property ID
US63-5334461
2,880 SF 0.31 ac lot Built 2018
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,240 square foot Class A commercial building, constructed in 2017, presents a rare investment opportunity in Glenville, NY. Located at 180 Sacandaga Road, this property boasts a prime location directly across from Scotia-Glenville High School, ensuring high visibility and foot traffic. The building has housed a thriving business for over half a century, demonstrating its enduring appeal and strong potential for continued success. The property is zoned for General Business and offers ample parking, along with outdoor seating space, ideal for a restaurant or similar venture. The main level comprises 2,640 square feet of well-maintained commercial space, while a 600 square foot second story presents the possibility of conversion into a residential apartment, generating additional income streams. The existing kitchen equipment and furnishings are available for purchase separately, providing a seamless transition for a new owner. This two-story building is situated in Schenectady County, NY, with the address being 180 Sacandaga Road, Glenville, NY 12302. The asking price for this remarkable property is $924,900. Don't miss this chance to acquire a well-established, high-potential commercial property in a desirable location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2018
Total area 2,880 SF
Lot 0.31 ac (13,504 SF)
Zoning code CON
APN 422201 29.74-1-5.211
UPID US63-5334461

Cap rate & NOI

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

Location

180 Sacandaga Rd Glenville, NY 12302
Glenville metro Census 32200 ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

CON · Glenville, NY

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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More about this property
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